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Indias merchandise exports rose by ____________ to $37.29 bn in May 2022.

A.
5.5 percent
B.
15.46 percent
C.
10.46 percent
D.
25.46 percent

Solution:

The correct answer is 15. 46 percent . Indias merchandise exports rose by 15. 46 percent to $37. 29 bn in May 2022The trade deficit widened to 23. 33 billion dollars during the month. According to data released by the Ministry of Commerce and Industry, Indias merchandise export in April -May 2022-23 was 77. 08 billion dollars with an increase of 22. 26 percent over 63. 05 billion dollars in April-May 2021-22. Additional InformationPetroleum and crude oil imports during the month rose by 87. 54% to $20. 2 billion. Coal, Coke and Briquettes imports jumped to $4. 93 billion, as against $2 billion in April 2021. India's merchandise exports rose 30. 7% to $40. 19 billion in April 2022 aided by growth in sectors like petroleum products, electronic goods, and chemicals. The trade deficit, although, widened to $20. 11 billion, as compared to $15. 29 in April 2021. Meanwhile, imports too saw a growth of 30. 97 % to $60. 3 billion.

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