Q.3 Recent data shows India’s exports declined marginally in August on a year-on-year basis, while it contracted by about 9 % sequentially. Highlighting the reasons for falling exports and rising imports., mention its impact on the Indian economy. (10 Marks)

Mentor’s Comments- https://www.business-standard.com/article/opinion/policy-balance-122090701519_1.html Introduce by substantiating the data related to declining exports. In the body, mention the reasons for falling … Continue reading Q.3 Recent data shows India’s exports declined marginally in August on a year-on-year basis, while it contracted by about 9 % sequentially. Highlighting the reasons for falling exports and rising imports., mention its impact on the Indian economy. (10 Marks)