(B) Write short notes on-
(1) India's imports and exports.
(2) The internal trade of India.
Answers
Answer:
1 ) Exports and imports
India exports approximately 7500 commodities to about 190 countries, and imports around 6000 commodities from 140 countries. ... The survey found a high correlation between a state's Gross State Domestic Product (GSDP) per capita and its share of total exports.
Explanation:
1) The major export from India are engineering goods,refined petroleum, gems,jewellery, chemicals,agricultural products and textiles
The major Indian imports were crude petroleum gold, coal briquettes, diamonds and petroleum gas
2) India's internal trade/GDP ratio of 54% leaves out agricultural goods, which are also massively transported across India. ... Even this underestimate implies that India's internal trade is 1.7 times its foreign trade. That compares well with other countries at the same economic stage.