From which of the following merchandise commodity segments has India historically earned significant foreign exchange through export revenue? - Indian Polity & Economy MCQ Indian Competitive Exams 2026 | ExamTest.live | ExamTest.live

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From which of the following merchandise commodity segments has India historically earned significant foreign exchange through export revenue?

A $garments$
B $jute$
C $gems and jewellery$
D $cotton$

Solution & Step-by-step Explanation

Gems and jewellery have traditionally constituted one of the primary high-value items in India's export basket, contributing significantly to gross foreign exchange earnings, alongside petroleum products.

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From which of the following merchandise commodity segments has India historically earned significant foreign exchange through export revenue?

A

garments

B

jute

C

gems and jewellery

D

cotton

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