Share of foreign trade in the country's Gross Domestic Product (GDP) had considerably increased from 14.6 per cent in 1990-91 to ________ per cent in 2003-04.

33.3

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27.4

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24.1

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32.3

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Solution

The correct option is C 24.1
Share of foreign trade in the country's Gross Domestic Product (GDP) had considerably increased from 14.6 per cent in 1990-91 to 24.1% in 2003-2004.

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Similar questions

In early nineties, the share of services sector in GDP for low per capita income group of countries is about 40 per cent.

Choose the most appropriate answer.

(a) The sectors are classified into public and private sector on the basis of:

(i) employment conditions

(ii) the nature of economic activity

(iii) ownership of enterprises

(iv) number of workers employed in the enterprise

(b) Production of a commodity, mostly through the natural process, is an activity in ______________ sector.

(i) primary

(ii) secondary

(iii) tertiary

(iv) information technology

(i) all goods and services

(ii) all final goods and services

(iii) all intermediate goods and services

(iv) all intermediate and final goods and services

(d) In terms of GDP the share of tertiary sector in 2003 is _________

(i) between 20 per cent to 30 per cent

(ii) between 30 per cent to 40 per cent

(iii) between 50 per cent to 60 per cent

(iv) 70 per cent

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