Question : Which sector has the highest percentage share of goods exports in the annual GDP (at current prices) for the year 2020-21?
Option 1: Electronic Goods
Option 2: Drugs and Pharmaceuticals
Option 3: Organic and Inorganic Chemicals
Option 4: Engineering Goods
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Correct Answer: Engineering Goods
Solution : The correct answer is Engineering Goods.
Engineering Goods has the highest percentage share of goods exports in the annual GDP (at current prices) for the year 2020-21 . According to the Ministry of Commerce, exports of engineering goods surged by 54%, reaching $ 81.8 billion during April-December 2021-22. This accounted for more than 27% of India's total exports. For the entire fiscal year 2020-21, the sector's exports totalled $76.62 billion . The United States, China, the UAE, Italy, and Germany emerged as the top five export destinations for India.
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