Consider the following statements :
- The value of Indo-Sri Lanka trade has consistently increased in the last decade.
- “Textile and textile articles” constitute an important item of trade between India and Bangladesh.
- 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 ?
1 and 2 only
2 only
3 only
1, 2 and 3
Answer is Wrong!
Answer is Right!
This question was previously asked in
UPSC IAS – 2020
Statement 2 is correct: “Textile and textile articles” are indeed an important and growing component of trade between India and Bangladesh. India exports cotton and yarns to Bangladesh, while Bangladesh exports garments and other textile products to India.
Statement 3 is incorrect: In the last five years, Bangladesh has been India’s largest trading partner in South Asia. Nepal is a significant partner, but its total trade value with India is typically lower than that of Bangladesh.