International Trade in India
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Questions and Answers

Which sector accounted for the largest share of India's total exports in 2016-17?

  • Manufacturing sector (correct)
  • Agriculture and allied products
  • Minerals and ores
  • Petroleum and crude products
  • The share of traditional items in India's exports has significantly increased due to less competition.

    False

    Name one of the major competitors to India in the export market.

    China

    During the 1950s and 1960s, India primarily imported ______ due to food shortages.

    <p>food grains</p> Signup and view all the answers

    Match the following items with their export / import pattern:

    <p>Agriculture and allied products = Declined in export share Petroleum and crude products = Increased in export share Food grains = Major import item during food shortages Capital goods = Major import item during food shortages</p> Signup and view all the answers

    Study Notes

    International Trade (India Book)

    • India's agricultural and related product exports have decreased.
    • Petroleum and raw material exports have increased.
    • Ore minerals and manufacturing goods export percentages have largely remained consistent.
    • Traditional export items have declined due to strong competition.
    • Manufacturing exports accounted for 73.6% of India's total export value in 2016-17.
    • China and other Asian countries are major export competitors.

    Changing Pattern of Imports

    • India faced food shortages in the 1950s and 1960s.
    • Food grains, capital goods, and machinery were major import items as a result.

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    Description

    This quiz covers the trends and changes in India's international trade, focusing on exports and imports. It highlights the significant shifts in agricultural exports, the rise of manufacturing goods, and the impact of competition from countries like China. Additionally, it touches upon historical import patterns related to food shortages in earlier decades.

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