GyanGramConsider the following statements: 1. The value of Indo-Sri Lanka trade has consistently increased in the las…
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Consider the following statements:
1. The value of Indo-Sri Lanka trade has consistently increased in the last decade.
2. “Textile and textile articles” constitute an important item of trade between India and Bangladesh.
3. 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?
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• Correct Answer: B
• Textiles and textile articles are a major trade item between India and Bangladesh, with India supplying raw materials and Bangladesh exporting finished garments.
• Bangladesh—not Nepal—is India's largest trading partner in South Asia; Indo-Sri Lanka trade has fluctuated, not consistently increased.
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