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Home Questions DVC29SUVA5
Target Exam

CUET

Subject

Geography

Chapter

India-People and Economy: International Trade

Question:
Consider the following statements and choose the correct statements.
Statement 1: The nature of India’s foreign trade has remained constant in the last few decades.
Statement 2: There has been an increase in the total volume of import and exports over the period of years.
Statement 3: The value of exports continued to be higher than that of imports.
Options:
Only Statement 1 is correct.
Statements 1 and 3 are correct.
Statements 2 and 3 are correct.
Only Statement 2 is correct
Correct Answer:
Only Statement 2 is correct
Explanation:
The nature of India’s foreign trade has changed over the years . Though there has been an increase in the total volume of import and export, the value of import continued to be higher than that of exports.

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