12th Class Economics Foreign Trade Question Bank

done Match The Column - India's Foreign Trade (1947-1990) Total Questions - 4

• question_answer1)
  From the following statements given in Column I and Column II, choose the correct pair of statements:

  Column I		Column II
  (A)	X > M	1.	Balanced Trade balance
  (B)	X=M	2.	Surplus Trade
  (C)	X<M	3.	Deficit Trade
  (D)	Export and Import	4.	Foreign Trade

  A)
  A - 3, B - 1, C - 4, D - 2 done clear
  B)
  A - 2, B - 1, C - 3, D - 4 done clear
  C)
  A - 1, B - 3, C - 2, D - 4 done clear
  D)
  A - 4, B - 2, C - 1, D - 3 done clear
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• question_answer2)
  From the following statements given in Column I and Column II, choose the correct pair of statements:

  Column I		Column II
  (A)	Quantum of export and imports	1.	Composition of trade
  (B)	Types of goods and services exported and imported	2.	Volume of trade
  (C)	Countries to which India exports  and from which India imports	3.	Gains of trade
  (D)	Benefits arising out of export and imports	4.	Direction of trade

   
  A)
  A - 2, B - 1, C - 4, D - 3 done clear
  B)
  A - 4, B - 2, C - 3, D - 1 done clear
  C)
  A - 1, B - 3, C - 2, D - 4 done clear
  D)
  A - 3, B - 4, C - 1, D - 2 done clear
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• question_answer3)
  From the following statements given in Column I and Column II, choose the correct pair of statements:

  Column I		Column II
  (A)	Prime Minister	1.	Improvements in the field of agriculture to increase its productivity
  (B)	Gross Domestic Product	2.	Quantity of goods that can be imported
  (C)	Quota	3.	Chairperson of the Planning Commission
  (D)	New Agricultural Strategy	4.	The money value of all the final goods and services produced within the domestic territory in one year

  A)
  A - 3, B - 4, C - 2, D - 1 done clear
  B)
  A - 3, B - 4, C - 1, D - 2 done clear
  C)
  A - 4, B - 3, C - 1, D - 2 done clear
  D)
  A - 1, B - 2, C - 3, D - 4 done clear
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• question_answer4)
  From the following statements given in Column I and Column II, choose the correct pair of statements:

  Column I		Column II
  (A)	Agricultural sector	1.	Drain of India's wealth
  (B)	Industrial  sector	2.	Lack of social infrastructure
  (C)	Foreign trade	3.	Low public investment
  (D)	Low literacy rate of life expectancy	4.	Surplus labour

  A)
  A - 4, B - 1, C - 2, D - 3 done clear
  B)
  A - 1, B - 4, C - 3, D - 2 done clear
  C)
  A - 4, B - 3, C - 1, D - 2 done clear
  D)
  A - 3, B - 2, C - 4, D - 1 done clear
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