Questions and Answers
What are the types of foreign trade discussed in the text?
Import trade and Export trade
Which products are included in the export trends of India's foreign trade?
Engineering goods, Gems and Jewellery, and Textiles
What is the role of foreign trade according to the text?
To earn foreign exchange and to encourage investment
Differentiate between Internal trade and International trade based on the text.
Signup and view all the answers
Explain the concept of Balance of payments vs. Balance of trade as discussed in the text.
Signup and view all the answers
From the examples provided, which scenario represents an international trade activity?
Signup and view all the answers
Which organisation had the maximum share in India's direction of imports in 1990-91?
Signup and view all the answers
In 2015-16, which country/organisation saw the largest decrease in its share of India's imports compared to 1990-91?
Signup and view all the answers
What was the percentage change in India's imports from Others from 1990-91 to 2015-16?
Signup and view all the answers
Based on the data provided, which sector showed the most significant increase in India's imports from 1990-91 to 2015-16?
Signup and view all the answers
Which region's share in India's imports decreased the most from 1990-91 to 2015-16?
Signup and view all the answers
What was the overall change in India's imports from 1990-91 to 2015-16 based on the provided data?
Signup and view all the answers
