Topics:
CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS, Indian Economic Development, NCERT Books
Pakistan Foreign Exchange Problem
In Pakistan, most foreign exchange earnings came from:
- Manufacturing exports
- IT services exports
- Remittances from Middle-east and volatile agricultural products — Correct Answer
- Tourism revenue
Explanation:
Correct Answer Explanation
In Pakistan, most foreign exchange earnings came from remittances from Pakistani workers in the Middle-east and exports of highly volatile agricultural products.
Key Points:
- There was growing dependence on foreign loans.
- Increasing difficulty in paying back loans.
- Sustainable export of manufactured goods would have been better.
Why Other Options Are Wrong
- A, B, D: Pakistan's foreign exchange depended on remittances and agricultural exports.
📚 About this Topic — CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS
This multiple choice question is from CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS to strengthen your preparation.
