Which of the following are true for a sharp rise in India's contribution to International Trade?

(A) Improvement in the manufacturing sector
(B) Increase in goods and services tax
(C) Diversification of markets
(D) Liberal policies of the government

Choose the correct answer from the options given below:

(A), (C) and (D) only

The correct answer is Option (3) → (A), (C) and (D) only

(A) Improvement in the manufacturing sector. True. Growth in manufacturing boosts exports and strengthens India’s position in international trade.

(B) Increase in goods and services tax. Not true. GST is a domestic tax reform; it simplifies internal trade but is not directly linked to a sharp rise in international trade contribution.

(C) Diversification of markets. True. Expanding trade to multiple countries reduces dependence on a few markets and increases global share.

(D) Liberal policies of the government. True. Policies such as liberalisation, privatisation, and globalisation have encouraged exports and foreign investment.