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Question

Which of the following countries had greater share than India in the global services export in 2023?

The correct answer is

Ireland

The question asks us to determine which country had a greater share than India in global services exports as of 2023 from the provided options. Let's analyze the situation step-by-step:

  1. In 2023, Ireland was known for its significant exports in services, particularly in information technology and financial services. It has established itself as a major hub for multinational corporations, contributing to its high global rank in services exports.
  2. Russia, while having some exports in technology and services, primarily relies on energy exports. Its services sector is not globally dominant compared to countries like Ireland.
  3. Indonesia has a growing economy with an increasing services sector, but it has not surpassed India in terms of global services exports.
  4. The answer option "More than one of the above" implies that we are looking for multiple correct answers, which is not the case based on available data. Among the given options, only Ireland is known to have a greater share than India.

Therefore, based on the above analysis, it is evident that Ireland had a greater share than India in global services exports in 2023.

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Important Questions from International Economic Organisations & India

  1. As per IMF's ‘World Economic Outlook' – April 2025, India's nominal GDP in 2025 will be US $____________ trillion.
  2. The 13th World Trade Organisation's Ministerial Conference (MC-13) was held in ____________.
  3. The Global Financial Stability Report is released by which among the following?
    1. International Monetary Fund
    2. World Economic Forum
    3. World Bank
    Select the correct answer from the code given below:
  4. The basic foundation of global economic governance in the post second World War was laid by various institutional frameworks. Which of the following combinations is correct? 

    a) IMF, World Bank, GATT 

    b) IMF, World Bank, Asian Development Bank 

    c) World Bank, GATT, BRICS

    d) Asian Development Bank, IMF, IBRD 

    Options:

  5. The Union Cabinet had approved a new Framework on Currency Swap Arrangement with which regional bloc for the period 2024-2027?
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