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Balance of Trade

In 2019, Indi...

Question

In 2019, India had a favourable balance of trade.

A

True

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B

False

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Solution

The correct option is B False

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Q. Choose the correct option.

Statement I: In 2019, China had an unfavourable balance of trade.

Statement II: In 2019, India had a favourable balance of trade.

Q. In ancient period, the balance of trade with Romans was always in favour of India. Therefore, the Romans had to pay us in ____.

Q. Consider the following statements with respect to post Mauryan period:
1. The post Mauryan era is considered the Mercantile age in the history of India.
2. India had a favourable balance of trade with Rome.

Which of the above is/are correct?

Q. Read the following sentences and choose the correct option that best describes those sentences.
1. The balance of trade, at one point in the ancient period, was in favour of India.
2. The balance of trade was in India's favour because India imported less and exported more.

Q. What made favourable conditions for the prosperity of trade and commerce in India?

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