Impacts on Trade
Trending Questions
When was the Suez Canal opened?
How did it affect the Indian economy?
- Primary sector
- Secondary sector
- None of the above
- Service sector
[0.80 marks]
- To make payments for expenses incurred by an office set up by the colonial government in Britain
- To meet expenses on the war fought by the British government
- To import visible items
- All of the above
- R.C. Dutt
- B.G. Tilak
- L.K.Jha
- Dadabhai Naoroji
India was profited by the opening of the Suez canal. State true or false.
False
True
- SAARC
- OPEC
- IBSA
- EU
- Caspian Sea
- Mediterranean Sea
- Arabian Sea
- Pacific Ocean
- In order to meet domestic demand in case of shortage of foodgrains
- To help Indians consume nutritious food
- Whenever there was a favourable Balance of Trade
- All of the above
- Kautilya
- Amartya Sen
- Dababhai Naoroji
- D.R. Gadgil
- Agricultural Sector
- mining
- Service Sector
- industrial Sector
- Rs. 2, 000 Crore; SIDBI
- Rs. 3, 500 Crore; ICICI
- Rs. 2, 000 Crore; RBI
- Rs. 5, 000 Crore; IDBI
What is Aggregate Supply? Explain the determinants of Aggregate Supply.
Which was the primary export destination of India under the colonial rule?
USA
Britain
China
Arab countries
- Lagging behind
- Ahead
- Worse
- Equivalent
- NATO
- WTO
- SAARC
- ASEAN
India is among the leading nations of the world.
India had a large export surplus under the colonial rule. However, the Indian economy did not benefit from this. Why?
The gains from trade were used to cover the expenses of the British government in India.
There was a shortage of essential supplies in the Indian market because they were primarily exported
The gains from trade were used to fund the wars fought by the British
All of these
Suez canal is a waterway connecting ________
The Mediterranian sea to the Arabian sea
The Mediterranian sea to the Bay of Bengal
The Caspian sea to the Mediterranian sea
Pacific ocean and the Indian ocean
- Reduction in taxation
- Increase in exports
- Increase in population
- Hoarding/Malpractices of goods
- True
- False
- As it would benefit Britain
- As it would benefit India
- As it would benefit India and Britain
- None of the above
A. A policy to increase the jute export | I Ministry of Defence |
B. Telephone services to be accessible to rural areas and PDS | II Ministry of Food, Agriculture |
C. The price rise of wheat to be increased | III Ministry of Health |
D. A Pulse Polio campaign | IV Ministry of Commerce and Industry |
E Increase in the allowances of the soldiers | V Ministry of Communications and Information Technology |
- A-V B-IV C-I D-III E-II
- A-V B-I C-IV D-II E-Ill
- A-IV B-V C-II D-III E-I
- A-IV B-V C-III D-I E-II
Why do exports form a part of national income?