Question

At what rate did export by India increase in 1994-95?

  1. 10%
  2. 13%
  3. 15%
  4. 18%

Answer:

Option B: 13%

Detailed Solution:

The correct answer is “13%”.

India's export growth rate experienced a surge during the early years of economic liberalization. In the financial year 1994-95, it recorded a substantial growth of 13%.