Services exports rose 13.4% to USD 38.25 billion in July 2024 (RBI data)
GK and monthly revision
India's services exports rise 13.4% to USD 38.25 billion in July: RBI
India's services exports surged 13.4% year-on-year to USD 38.25 billion in July 2024, while imports rose 19.1% to USD 20.61 billion, yielding a services trade surplus of USD 17.65 billion. For April-July 2024, cumulative services exports reached USD 145 billion against imports of USD 75.14 billion. This robust services sector performance strengthens India's current account position and reflects global demand for IT, business, and professional services.
Source: Economic Times. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.
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
Services imports increased 19.1% to USD 20.61 billion in July 2024
Services trade surplus stood at USD 17.65 billion in July 2024
Cumulative services exports (April-July 2024): USD 145 billion
Cumulative services imports (April-July 2024): USD 75.14 billion
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.
Note which exams each story matters for, and revise it again in the week before that exam.