Q. Over the last few years:
1. the value of imports has increased at a faster rate as compared to exports
2. exports have fallen as compared to imports
3. both exports and imports have risen
4. the balance of trade has been favourable to India
1. the value of imports has increased at a faster rate as compared to exports
2. exports have fallen as compared to imports
3. both exports and imports have risen
4. the balance of trade has been favourable to India
✅ Correct Answer: (B)
1 and 3