Podcast
Questions and Answers
What are the types of foreign trade discussed in the text?
What are the types of foreign trade discussed in the text?
- Import trade and Export trade (correct)
- Import trade, Export trade, and Entrepot trade
- Export trade and Entrepot trade
- Internal trade and Export trade
Which products are included in the export trends of India's foreign trade?
Which products are included in the export trends of India's foreign trade?
- Engineering goods, Gems and Jewellery, and Textiles (correct)
- None of these products
- Engineering goods and Textiles
- Gems and Jewellery, Textiles, and Gold
What is the role of foreign trade according to the text?
What is the role of foreign trade according to the text?
- To encourage investment and lead to division of labour
- Lead to division of labour and bring change in composition of exports
- None of these roles
- To earn foreign exchange and to encourage investment (correct)
Differentiate between Internal trade and International trade based on the text.
Differentiate between Internal trade and International trade based on the text.
Explain the concept of Balance of payments vs. Balance of trade as discussed in the text.
Explain the concept of Balance of payments vs. Balance of trade as discussed in the text.
From the examples provided, which scenario represents an international trade activity?
From the examples provided, which scenario represents an international trade activity?
Which organisation had the maximum share in India's direction of imports in 1990-91?
Which organisation had the maximum share in India's direction of imports in 1990-91?
In 2015-16, which country/organisation saw the largest decrease in its share of India's imports compared to 1990-91?
In 2015-16, which country/organisation saw the largest decrease in its share of India's imports compared to 1990-91?
What was the percentage change in India's imports from Others from 1990-91 to 2015-16?
What was the percentage change in India's imports from Others from 1990-91 to 2015-16?
Based on the data provided, which sector showed the most significant increase in India's imports from 1990-91 to 2015-16?
Based on the data provided, which sector showed the most significant increase in India's imports from 1990-91 to 2015-16?
Which region's share in India's imports decreased the most from 1990-91 to 2015-16?
Which region's share in India's imports decreased the most from 1990-91 to 2015-16?
What was the overall change in India's imports from 1990-91 to 2015-16 based on the provided data?
What was the overall change in India's imports from 1990-91 to 2015-16 based on the provided data?
