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What has been the order of India’s imports during the last three years ?
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- US $ 30 billion
- US $ 40 billion
- US $ 50 billion
- US $ 60 billion
- US $ 30 billion
Correct Option: B
India’s exports for the month of August 2012 stood at USD 22.3 billion compared to August 2011 when it stood at USD 24.7 billion registering a decline of (-) 9.7%. During August 2012, the imports were $ 38 billion as compared to $ 40 billion in August 2011 registering a decline on (-) 5.08%.
