Commodities in India’s exports - Budget & Economic Survey

Q.  Arrange following commodities in decreasing order of their percentage share in India’s exports

1) Gold and Silver
2) Electronic Goods
3) Machinery
4) Crude Oil and Petroleum Products
5) Pearl, Precious and Semi-precious stones
- Published on 06 Aug 15

a. 4>1>3>5>2
b. 4>1>3>2>5
c. 4>3>1>5>2
d. 1>4>5>3>2

ANSWER: 4>1>3>2>5
 
India is known as absorber of Gold. Also, India imports pearls, precious and semi-precious stones and exports gems and jewellery (after value addition). Machinery is mostly imported for capital creation which fuels growth.

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