Practicing Success

Target Exam

CUET

Subject

Geography

Chapter

India-People and Economy: International Trade

Question:

Which of the following has been done by India in order to double its share in international trade within the next few years?

Options:

Reduction in import duties

Delicensing and change from process to product patents.

Import liberalisation

All of the above

Correct Answer:

All of the above

Explanation:

India aims to double its share in international trade within the next five years. It has already started adopting suitable measures such as import liberalisation, reduction in import duties, delicensing and change from process to product patents.