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Base year for goods trade indices revised to '22-23
Image source: economictimes.indiatimes.com

GK and monthly revision

Base year for goods trade indices revised to '22-23

India has revised the base year for its goods trade indices from 2012-13 to 2022-23 to better reflect recent economic shifts and trade patterns. This change ensures more accurate data for exports and imports, aiding in economic analysis and policy-making. The new base year enhances the relevance and reliability of trade data for all stakeholders. This update is crucial for understanding current economic trends and is likely to be relevant in exams focusing on economic policies and indices.

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Revision structure

Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path

Key points

Exam-ready takeaways

The base year for India's goods trade indices has been revised from 2012-13 to 2022-23.

The revision aims to reflect significant economic shifts and evolving trade patterns.

The new base year provides a more accurate picture of exports and imports.

The updated indices are crucial for economic analysis and policy decisions.

The change enhances the relevance and reliability of trade data for all users.

How to study

Turn news into exam marks

Revise monthly events by exam family instead of reading random updates.

Pair one-liners with mock tests so mistakes become the next revision list.

Keep state job pages, calendar pages and GK packs connected in one path.