Question

Answer the following questions
a)Why are the means of transportation and communication called the lifelines of a nation and its economy?
b) Write a note on the changing nation of the international trade in the last 15 years.

Answer 1

$\huge{\boxed{\bf{\red{Answer:-}}}}$

Ans a) The means of transportation and

communication are called the lifelines of a

nation and its economy because

i) An efficient and well-developed system of

transport is essential for proper utilisation of

the available natural resources.

ii) A well-developed system of transportation

maintains the movement of persons and goods

to different regions of the country.

iii) The means of communication help in

sending and receiving messages, thus playing a

vital role in the running of the country

efficiently.

Ans b) International trade has undergone major

changes during the last 15 years. Exchange of

commodities and good has increased due to

exchange of information and knowledge. This

has improved trade relations of India with the

rest of the world. India has emerged as a

software giant at the international level and is

earning a huge amount of foreign exchange

through the export of information technology.

India has trade relations with all major trading

blocks and all geographical regions of the

world.

India's share of exports and imports are

as follows (as per 2016-27) :-

$\huge \fcolorbox{black}{aqua}{Major \: Exports}$

➠ Agricultural and allied products–8.64%.

➠ Gems and jewellery–17.02%.

➠ Engineering goods, chemicals and petroleum

products–12.06%

$\huge\fcolorbox{black}{aqua}{Major \: imports}$

➠ Petroleum and petroleum products–22.4%

➠ Gems and jewellery–12.8%

➠ Chemicals–9.76%

➠ Machinery–8.9%

➠ Agricultural and allied products–5.84%