{"id":4405,"date":"2024-03-05T16:05:45","date_gmt":"2024-03-05T16:05:45","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=4405"},"modified":"2024-03-05T16:05:45","modified_gmt":"2024-03-05T16:05:45","slug":"the-most-important-item-of-indian-exports-in-terms-of-value-during-recent-years-has-been","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-most-important-item-of-indian-exports-in-terms-of-value-during-recent-years-has-been\/","title":{"rendered":"The most important item of Indian exports, in terms of value, during recent years has been:"},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a96f103c6fd3\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"false\">\r\n                    Chemical and allied products.                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"false\">\r\n                    Gems and jewellery.                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"false\">\r\n                    Mineral, fuels and lubricants.                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"true\">\r\n                    Engineering goods.                <\/div>\r\n                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is (d) Engineering goods.<\/p>\n<p>Engineering goods are the most important item of Indian exports, in terms of value, during recent years. In 2020-21, engineering goods accounted for 26.4% of India&#8217;s total exports. The main engineering goods exported from India are:<\/p>\n<ul>\n<li>Machinery and instruments<\/li>\n<li>Transport equipment<\/li>\n<li>Electrical machinery<\/li>\n<li>Iron and steel<\/li>\n<li>Chemicals<\/li>\n<\/ul>\n<p>The export of engineering goods has been growing steadily in recent years. In 2019-20, the export of engineering goods was worth $82.9 billion, up from $68.4 billion in 2018-19. The growth in the export of engineering goods is due to a number of factors, including:<\/p>\n<ul>\n<li>The increasing demand for Indian engineering goods in the global market<\/li>\n<li>The government&#8217;s focus on promoting exports<\/li>\n<li>The availability of skilled manpower in India<\/li>\n<li>The favorable investment climate in India<\/li>\n<\/ul>\n<p>The export of engineering goods has a number of benefits for the Indian economy. It helps to generate employment, increase foreign exchange earnings, and promote industrialization. The export of engineering goods also helps to improve the country&#8217;s image in the global market.<\/p>\n<p>The export of engineering goods is facing a number of challenges, including:<\/p>\n<ul>\n<li>The rising cost of raw materials<\/li>\n<li>The competition from other countries<\/li>\n<li>The shortage of skilled manpower<\/li>\n<li>The lack of infrastructure<\/li>\n<\/ul>\n<p>The government is taking a number <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> of steps to address these challenges. It is providing subsidies to exporters, promoting research and development, and improving the infrastructure. The government is also working to improve the quality of Indian engineering goods.<\/p>\n<p>The export of engineering goods has the potential to play a major role <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> in the development of the Indian economy. The government&#8217;s focus on promoting exports and the availability of skilled manpower are some of the factors that are likely to boost the export of engineering goods in the coming years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Join Our Telegram Channel Subscribe on YouTube<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The most important item of Indian exports, in terms of value, during recent years has been:<\/title>\n<meta name=\"description\" content=\"Engineering goods are the most important item of Indian exports, in terms of value, during recent years. In 2020-21, engineering goods accounted for 26.4% of India&#039;s total exports. 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