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    Question

    What was the primary cause for India’s merchandise

    exports falling to a 25-month low in November?
    A Rise in petroleum product prices Correct Answer Incorrect Answer
    B Increased gold imports Correct Answer Incorrect Answer
    C Decline in petroleum product prices Correct Answer Incorrect Answer
    D Slowdown in demand from China Correct Answer Incorrect Answer
    E Decrease in agricultural exports Correct Answer Incorrect Answer

    Solution

    India’s merchandise exports fell by 4.83% in November, reaching a 25-month low, primarily due to an unprecedented fall in petroleum product prices. The export value decline was linked directly to this drop, despite a 9.6% increase in export volumes between April and October.

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