Comprehension

Read the following news post and answer the questions by choosing the most appropriate answer.
INDIA'S MARINE EXPORTS REACH ALL TIME HIGH OF $ 7,740 MILLION
Vijayawada: Exports of marine products from India have reached an all-time high of US $ 7,740 million in 2021-22 against the targeted US $ 7,809 million fixed by the centre.
Marine Products Exports Development Authority joint director A. Jeyabal in a statement here on Friday said India's exports of marine products grew 30 percent compared to 2020-21 in value terms. The compound annual growth rate of seafood exports during the past decade has been 8.23 percent, he pointed out. Jeyabal explained that India exported marine products to 121 countries during 2021-22, the US being the top destination with exports worth US $ 3,315 million in 2021-22 against the target of $ 3,021 million.
China and Japan stood at number two and three positions respectively. All three top destinations of Indian marine exports constitute 63 percent of India's exports in value terms

Question: 1

The phrase “an all-time high” indicates that India’s marine

  • export rate has never been so high.
  • exports have grown less expensive.
  • export rate increases with each month.
  • exports have reached their highest limit.
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The Correct Option is A

Solution and Explanation

The correct option is (A): export rate has never been so high.
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Question: 2

Substitute the underlined phrase with the option closest in meaning. “The compound annual growth rate of seafood exports during the past decade has been 8.23 percent, he pointed out.”

  • calculated
  • announced
  • specified
  • shared
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The Correct Option is C

Solution and Explanation

The correct option is (C): specified
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Question: 3

Which of the following statements are true for the given text ?
(i) 2022 is fast becoming the most successful year for Indian exports, in terms of marine products.
(ii) The director of “Marine Products Exports Development Authority” is Mr. A. Jeyabal.
(iii) Mr. A. Jeyabal is sure that India will grow as an exporter of marine products.
(iv) There is most demand for India’s marine products in the US.

  • (i), (ii) and (iii)
  • (i) and (iv
  • ii), (iii) and (iv)
  • (i) and (ii)
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The Correct Option is B

Solution and Explanation

The correct option is (B): (i) and (iv)
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Question: 4

The most appropriate by-line for the article would be

  • Glowing Prospects
  • A Legacy
  • Befitting Tribute
  • Profiting from Sustainability
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The Correct Option is A

Solution and Explanation

The correct option is (A): Glowing Prospects
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Question: 5

It can be inferred from the text that

  • All of India’s marine exports to Japan and China are done from Vijayawada.
  • More than half of India’s marine exports go to the US, China and Japan, in value terms.
  • India is the leading exporter of marine goods to 121 countries.
  • India reached the proposed sales target determined by the centre in the year 2021-22.
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The Correct Option is B

Solution and Explanation

The correct option is (B): More than half of India’s marine exports go to the US, China and Japan, in value terms.
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Question: 6

Select the sentence that is the most appropriate conclusion for the given text.

  • Several exports promotion schemes for Fisheries have been implemented by the Marine Products Export Development Authority (MPEDA), a statutory body set up in 1972.
  • The twin Godavari districts contributed to 50 per cent exports of the Vannamei shrimp.
  • Despite the heavy odds faced by the sector, India’s marine products exports reached a record high.
  • With a budget of Rs. 20,050 crores, this is the biggest ever investment to bring about a Blue Revolution through sustainable and responsible development of the fisheries sector in India.
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The Correct Option is D

Solution and Explanation

The correct option is (D): With a budget of Rs. 20,050 crores, this is the biggest ever investment to bring about a Blue Revolution through sustainable and responsible development of the fisheries sector in India.
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