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Which country has replaced China to become the India's top trading partner in 2021-22?
A)
France
B)
Russia
C)
United States
D)
United Arab Emirates

Correct Answer :   United States


* The United States has replaced China to become the India's top trading partner in 2021-22, this is reflecting strong economic ties between the two countries.

* The bilateral trade between two countries stood at $119.42 billion (2021-22) as against $80.51 billion in 2020-21, according to the data of the commerce ministry.

* Other top trading partner: China ($115.42 billion), The UAE ($72.9 billion), Saudi Arabia ($42,85 billion), Iraq ($34.33 billion) and Singapore ($30 billion).

Source : The Hindu Businessline

Published On : May 29, 2022
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