The China-Yuan Challenge| Internationalisation of Rupee| InFocus| Drishti IAS English

In a strategic move to curb its burgeoning oil import bill and reduce dependence on the expensive US dollar, New Delhi aims to bolster bilateral trade with Moscow to $100 billion by 2030. However, the dynamics of India-Russia trade have been skewed since the onset of the Ukraine war in 2022. Russia has rapidly ascended to become India’s top oil supplier, but Indian exports to Russia have struggled, resulting in a $57 billion trade deficit in the bilateral trade worth $66 billion in FY24.
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[@AbhishekSingh-mo1vg]

Ans. C

[@ashokdevadasu603]

Option [ C ]

[@Eunoia_vK97]

Option c

[@PratapKumarpaswan]

5 trillion economy

[@VishnuPalanisamy-f7q]

Please caption with English

[@shivanshupandey3175]

C

[@AbhishekYadav-yi4er]

C is correct one

[@RitikKumar-yw7ge]

C.

[@ashutoshpandey9102]

Thank you so much Ritu Ma'am❤❤❤❤😍😍😍😍🥰🥰🥰

[@user-ec6wj5om4n]

$ 5 Trillion Economy Ma'am...

[@ashutoshpandey9102]

Option C is correct.

[@yooyoo9243]

£ 5 trillion

[@sridevikambothu3966]

(C)

[@knowledged8420]

Excuse me mam this is ias qualification Answer oh god this wrong information given right answers & gave marks oh god that's why people call this is level of Indian education system .
First thing is to qualify to become International currency
Basics answer is technology power & fornt of any innovation but it is opposite in India . America dollar is International currency due to technology power & they are fornt of any innovation . World need their products so world cannot say we can't accept . Yuan is accepted due to their technology slowly slowly match usa level tech that is why Russia accepted Yuan it was not trade increased . Rupees never accept any country except negligible amount some agreement but It never accept international currency . It is just day dream . America dollar is not depend on petro system if we say reality

[@jkdefence4371]

C

[@krishnabellapu7798]

5 trillion economy

[@user-qd7em6in4u]

C

[@Zneggd]

C

[@rajeevjha2870]

C

[@harshitshukla4593]

C

[@sureshgoudappanavar3525]

C

[@krishnabellapu7798]

5 trillion economy

[@krishnabellapu7798]

5 trillion economy

[@DharmendraKumar-ts8eo]

C