As per the reports published in various financial newspapers/magazines, exports to Euro zones from various countries and India unexpectedly tumbled again in last two/three months. What does it indicate ? It has raised fresh doubts about the reality of the economic recovery of ‘16 country strong’ Euro zone. Euro has yet to establish its credibility as an acceptable currency. Countries still prefer US$ to any t hoer currency for major trans-border trades. Euro zone countries do not wish to import much from India.

• A. Only 1
• B. Only 2
• C. Only 3
• D. All 1, 2 and 3
• E. None of these