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Foreign Trade of India — Economics STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsEconomicsForeign Trade of India4 Marks
Question
Share of top Five Commodities in India’s Export 2018-19
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QU 1. Name the second largest exported commodity in the year 2018-19.
QU 2. How much is the share of drug formulations, biologicals (chemical products) in total export of India.
QU 3. Which commodity has least share in the total export of India and how much was it?
QU 4. Give your opinion on India’s export.

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Answer

ANS 1. Petroleum products are second largest exported commodity in the year 2018-19.
ANS 2. The share of chemical products is 4.37% in the total export of India.
ANS 3. Iron and Steel has least share and it is 2.96%.
ANS 4. India should focus on above five commodities to increase their export. The government of India should provide credit at low rate of interest, easy availability of raw materials required by above industries, as it will help to produce more goods.

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