Consider the following items imported by India: I. Capital goods II. Petroleum III. Pearls and precious stones IV. Chemicals V. Iron and Steel The correct sequence of the decreasing order of these items (as per 94-95 figures), in terms of value, is
Options
(a)I, II, III, IV, V
(b)I, II, IV, III, V
(c)II, I, III, IV, V
(d)II, I, IV, V, III
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Class 12International Trade— NCERT Geography, Chapter 8. India's foreign trade grew from ₹1,214 crore in 1950-51 to about ₹77 lakh crore by 2021-22, yet India has only about one per cent of world trade and imports have always…
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