India Export Import Trend
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Question (English)
According to the India export-import data from 1993-94 to 2013-14, which statement is correct?
- Exports were always more than imports
- Imports were more than exports throughout the period ✓ Correct
- Exports and imports were equal
- Imports exceeded exports only after 2005
Explanation:
Correct Answer Explanation
For the period 1993-94 to 2013-14, imports were more than exports all through the period.
Key Points:
- Both exports and imports rose rapidly after 2001-02.
- The gap between imports and exports widened after 2001-02.
- In 2013-14: Exports = Rs 19,050 hundred crores, Imports = Rs 27,154 hundred crores.
- This trade deficit is visible in the arithmetic line graph.
Why Other Options Are Wrong
- A. Exports more: India had a trade deficit throughout this period.
- C. Equal: There was always a gap between the two.
- D. Only after 2005: The deficit existed throughout the entire period.
📚 About this Topic — CH-4: Presentation of Data
This multiple choice question is from CH-4: Presentation of Data, NCERT Books, Statistics for Economics. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-4: Presentation of Data to strengthen your preparation.
