Consider the following statements regarding the fifth edition of NITI Aayog's Trade Watch Quarterly report: 1. It was launched by Dr Arvind Virmani. 2. It covered Q1, April-June 2025. 3. India's exports in Q1 FY26 stood at USD 209 billion. 4. India's imports in Q1 FY26 stood at USD 230 billion. 5. The resulting trade deficit was USD 21 billion. Which of the statements given above are correct?

Correct Answerसही उत्तर

D. 1, 2, 3, 4 and 5D. 1, 2, 3, 4 और 5

Explanationव्याख्या

All five statements are correct.
Dr Arvind Virmani, a member of NITI Aayog, launched the fifth edition of the Trade Watch Quarterly, or TWQ, report for Q1 corresponding to April-June 2025 in New Delhi.
The report examines India's trade performance against the background of global economic developments.
It places particular emphasis on automotive exports, demand patterns, tariff structures and participation in global value chains.
The source provides several important numerical facts.
The global auto-components market reached USD 856 billion in 2024.
India's auto-component exports nearly doubled from USD 8.2 billion to USD 16.9 billion, growing at a compound annual growth rate of about 7 percent.
Despite this progress, India's share in the global automotive import market remained around 1 percent.
The source also notes export growth at a CAGR of 3.5 percent and stronger performance in motorcycle exports, where India's global share was around 9 percent.
At the overall trade level, global goods and services trade increased by 2.5 percent in Q1 FY26.
India's exports during the period stood at USD 209 billion, while imports were USD 230 billion.
The difference between imports and exports produced a trade deficit of USD 21 billion.
The services sector emerged as the main driver of India's trade performance during the quarter.
The report also points to structural shifts toward technology-intensive exports and changing import patterns.
For competitive examinations, remember the core combination: Trade Watch Quarterly fifth edition → NITI Aayog → Dr Arvind Virmani → Q1 April-June 2025 → exports USD 209 billion → imports USD 230 billion → deficit USD 21 billion.
Since all five statements are source-supported, option D is correct.

सभी पाँच कथन सही हैं। NITI Aayog के member Dr Arvind Virmani ने Trade Watch Quarterly यानी TWQ report का fifth edition New Delhi में launch किया। Report Q1, अर्थात April-June 2025 period को cover करती है। इसका objective global economic changes के context में India's trade performance analyse करना है। Source automotive exports, demand patterns, tariff structures और global value chain participation पर विशेष focus का उल्लेख करता है। कई numerical facts examination के लिए महत्वपूर्ण हैं। Global auto-components market 2024 में USD 856 billion तक पहुँचा। India के auto-component exports लगभग USD 8.2 billion से बढ़कर USD 16.9 billion हो गए और लगभग 7% CAGR से grow किए। इसके बावजूद global automotive import market में India की share लगभग 1% रही। Source export growth CAGR 3.5% तथा motorcycle exports में लगभग 9% global share का भी उल्लेख करता है। Overall trade data में Q1 FY26 के दौरान global goods and services trade 2.5% grow हुआ। India के exports USD 209 billion और imports USD 230 billion रहे। इसलिए imports exports से USD 21 billion अधिक थे और trade deficit USD 21 billion रहा। Services sector India की trade performance का main driver बना। Report technology-intensive exports की दिशा में structural shift और changing import patterns की भी चर्चा करती है। Exam revision के लिए key sequence याद रखें: fifth Trade Watch Quarterly → NITI Aayog → Dr Arvind Virmani → Q1 April-June 2025 → exports 209 billion → imports 230 billion → deficit 21 billion। इसलिए सभी statements सही हैं और option D सही answer है।

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