Concept:Import composition refers to the ranking of goods a country buys from abroad, based on their monetary value in a given financial year.
Explanation:India's financial year runs from April
1 to March
31.
In the financial year
FY2017, India's total merchandise imports were valued at approximately USD
465 billion.
The top three import items, ranked by value, were Petroleum Products, Gems & Jewellery, and Electronics.
Petroleum Products include crude oil and refined fuels, making them the largest import item.
Gems & Jewellery include gold, diamonds, and precious stones.
Electronics include electrical machinery, smartphones, and electronic components.
This order directly matches option C.
For comparison, in the financial year
2021-
22, imports rose to USD
570.4 billion, which was
28.5% higher than in
2017-
18.
In that year, the top three imports were mineral fuels, gems and precious metals, and electrical machinery.
Thus, petroleum and gems have consistently remained among India's top imports.
Answer:C. Petroleum Products, Gems & Jewellery, Electronics