30.50%
40.60%
45.60%
50.60%
Answer is Right!
Answer is Wrong!
The correct answer is (b) 40.6 %.
India’s total merchandise trade as a percentage of G.D.P. has increased from 29.5% in 2004-05 to 40.6% in 2012-13. This means that India’s trade has grown faster than its economy in recent years. This is a positive development, as it suggests that India is becoming more integrated into the global economy.
Option (a) is incorrect because it is lower than the actual value. Option (c) is incorrect because it is higher than the actual value. Option (d) is incorrect because it is not a valid percentage.