Practicing Success
Which of the following items was a major item of import after the independence of India? |
Food grains Machinery and equipment. Capital goods All of the above |
All of the above |
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. |