Practicing Success

Target Exam

CUET

Subject

Geography

Chapter

India-People and Economy: International Trade

Question:

Which of the following items was a major item of import after the independence of India?

Options:

Food grains

Machinery and equipment.

Capital goods

All of the above

Correct Answer:

All of the above

Explanation:

India faced serious food shortages during the 1950s and 1960s. The major item of import at that time was food grain, capital goods, machinery and equipment. The balance of payment was adverse as imports were more than export in spite of all the efforts of import substitution.