The Federation of Indian Export Organisations (FIEO) reported that the export from India is expected to fall by how much percent in the current fiscal year due to the COVID-19 pandemic?

1. 

The Federation of Indian Export Organisations (FIEO) reported that the export from India is expected to fall by how much percent in the current fiscal year due to the COVID-19 pandemic?
[A]. 10%
[B]. 30%
[C]. 20%
[D]. 40%

Answer: Option C

Explanation:

The Federation of Indian Export Organisations (FIEO) reported that the export from India is expected to fall by 20%, around $50-$60 billion, in the current fiscal year due to the COVID-19 pandemic. It also suggested a decline in imports.

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