Which of the following is the correct composition of exports of India in decreasing order as per the data of 2016-17?

Manufacturing Goods, Agricultural Goods, Petroleum products

The correct answer is Option 1: Manufacturing Goods, Agricultural Goods, Petroleum products

Note: While India does import a significant amount of crude oil to meet its domestic energy needs, it also has a substantial refining sector. India has built a large refining capacity. This means it imports crude oil, processes it into various petroleum products (like gasoline, diesel, jet fuel), and then exports a portion of these refined products.So, while India is a net importer of crude oil, it is a notable exporter of refined petroleum products.