UPSC PRELIMS · ECONOMICS · INDIA’S TRADE RELATIONS IN SOUTH ASIA

Consider the following statements: 1. The value of Indo-Sri Lanka trade has consistently increased in the last decade. 2. “Textile and textile articles” constitute an important item of trade between India and Bangladesh. 3. In the last five years, Nepal has been the largest trading partner of India in South Asia. Which of the statements given above is/are correct?

Take a breath. Choose one. Press A–D on your keyboard if you like.

EXPLANATION

Bangladesh is an important trading partner and textiles are significant in bilateral trade; Indo-Sri Lanka trade did not rise consistently and Bangladesh, not Nepal, was the largest South Asian partner.

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