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Question
In India, Foreign Exchange Outgo from Agricultural Imports is showing a ___________ trend in absolute terms.
In India, Foreign Exchange Outgo from Agricultural Imports is showing a ___________ trend in absolute terms.
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Solution
The correct option is D decreasing
In India, absolute number of people
employed in Agriculture had increased from the period of independence as
the population of India has increased in a high rate. But the
percentage of population employed in agricultural sector has decreased.
Hence the contribution of agriculture to GDP in absolute terms has also
increased from the period of independence to the current date. As a
result, foreign exchange earnings fro agricultural export is showing an
increasing trend and foreign exchange outgo from agricultural imports is showing a decreasing trend in absolute terms.
In India, absolute number of people employed in Agriculture had increased from the period of independence as the population of India has increased in a high rate. But the percentage of population employed in agricultural sector has decreased. Hence the contribution of agriculture to GDP in absolute terms has also increased from the period of independence to the current date. As a result, foreign exchange earnings fro agricultural export is showing an increasing trend and foreign exchange outgo from agricultural imports is showing a decreasing trend in absolute terms.
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