Since the inception of planning era in 1951, India has been facing the problem of

Related MCQs

• Since 1950, India’s foreign trade has undergone important changes signifying that it has entered into
• In world markets, the actual gain is always less than the potential gain since there is always
• The Indian rupee was made a freely convertible currency on current account since the year
• The concept of commodity or net barter terms of trade has been used by economists to measure
• If a country has favourable terms of trade, it will claim
• If a country has fundamental deficit in in the balance of payments, it should resort to
• A country which gives loans and grants on a large scale to other countries has
• in 1991, India devalued its currency by 18 per cent to
• Which of the following statements about the direction of India’s foreign trade is correct?
• India’s top import item is