12th Class Economics Indian Economy / भारतीय अर्थव्यवस्था Question Bank Case Based MCQs - Indian Economy (1950-1990)

  • question_answer
    Inward looking trade policy aimed at………. .

    A) Substituting imports with domestic production

    B) Substituting imports of consumer goods with capital goods

    C) Following an open economy model

    D) Restrictions on movement of currency flows

    Correct Answer: A

    Solution :

    Inward looking trade policy also called import substitution aimed at domestic production of goods which the country had been importing from abroad.


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