Identify the main reasons for rise in India's overseas trade?

(A) Momentum picked up by the manufacturing sectors.
(B) Liberal Policies of Government.
(C) Strict Policies of Government.
(D) Diversification of Markets.

Choose the correct answer from the options given below:

(A), (B) and (D) only

The correct answer is Option (1) → (A), (B) and (D) only

(A) Momentum picked up by the manufacturing sectors.
(B) Liberal Policies of Government.
(D) Diversification of Markets.

(C) Strict policies of Government would restrict trade, so it is not a reason.

" In 1950-51, India’s external trade was worth Rs.1,214 crore, which rose to Rs. 77,19,796 crore in 2020-21. There are numerous reasons for this sharp rise in overseas trade, such as the momentum picked up by the manufacturing sectors, the liberal policies of the government and the diversification of markets.".