Multiple choice

According to the CMIE, what was India's trade deficit as percentage of its exports for 2002 - 03?

  1. 17%

  2. 21%

  3. 24%

  4. 28%
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A Correct answer
Explanation

According to CMIE reports from that period, India's trade deficit for the 2002-03 fiscal year was approximately 17 percent of its total exports.

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