Q5 · UPPSC current affairs · 21 September 2026 · News · RBI Software Services Exports Survey

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Consider the following statements regarding India's software services exports:1.The Reserve Bank of India (RBI) conducts the annual survey on International Trade in Computer Services.2.Services trade surpluses generally tend to widen India's Current Account Deficit (CAD).Which of the statements given above is/are correct?

A 1 only
B 2 only
C Both 1 and 2
D Neither 1 nor 2

Correct answer: (a) 1 only

Explanation

Statement 1 is correct as the RBI conducts the annual survey on International Trade in Computer Services. Statement 2 is incorrect because services trade surpluses play a key role in narrowing (not widening) India's Current Account Deficit (CAD).

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