Question

In which of the years given below, growth rate of Indian exports was highest?

  1. 2002-03
  2. 2003-04
  3. 2004-05
  4. 2005-06

Answer:

Option C: 2004-05

Detailed Solution:

The correct answer is “2004-05”.

In 2004- 05, export growth was a record of 26.2 per cent, the highest since 1975-76 and the second highest since 1950-51.