The correct answer is (b) 2.60%.
India’s share in world trade has been increasing in recent years. In 2019, India’s share of world trade was 2.60%, up from 2.00% in 2010. This increase is due to a number of factors, including India’s growing economy, its increasing integration into the global economy, and its growing manufacturing sector.
India’s growing economy is one of the main reasons for its increasing share of world trade. India’s economy has been growing at an average rate of 7% per year for the past decade. This growth has led to an increase in demand for goods and services, which has in turn led to an increase in imports.
India’s increasing integration into the global economy is another reason for its increasing share of world trade. India has signed a number of free trade agreements in recent years, which has made it easier for Indian companies to export their goods and services.
India’s growing manufacturing sector is also a reason for its increasing share of world trade. India’s manufacturing sector has been growing at an average rate of 10% per year for the past decade. This growth has led to an increase in the production of goods for export.
India’s increasing share of world trade is a positive development for the country. It indicates that India is becoming more integrated into the global economy and that its economy is growing. This is likely to lead to further economic growth and development in India.