SSC GD 2023 PYQ — Question 33

SSC GD Constable (English) - 27 Jan 2023 - Shift 3 • General Awareness • Q33

Export of goods enhances ________.

Show answer & explanation

Correct answer: B

Explanation

The correct answer is option 2 i.e. foreign exchange

  • The export of goods plays a vital role in enhancing a country's foreign exchange reserves, improving its balance of payments, and fostering economic growth and development.
  • The export of goods strengthens a country's foreign exchange reserves by earning revenue in foreign currencies. 
  • This influx of foreign currency enhances economic stability and supports the value of the domestic currency.