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Chapter 10: Foreign Trade of India Q.6. Observe the following table and answer the questions given below the table:

Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board 

 

Chapter 10: Foreign Trade of India

Q.6. Observe the following table and answer the questions given below the table:

 

Countries Organisations 

1990-91

              

2015-16


Serial number

Percentage

Percentage

OECD

54.0

28.8

OPEC

16.3

23.6

EASTERN EUROPE

7.8

1.9

DEVELOPING NATIONS

18.6

43.2

OTHERS

1.4

2.5

 

QUESTIONS: -

Which organisation has the least share in the direction of India’s imports in 2015-16?

Solution: - Eastern Europe


Which organization has maximum share in India’s direction 

Solution: - OECD


Expand the abbreviations of OECD and OPEC?

Solution: - ORGANISATION FOR ECONOMIC COOPERATION AND DEVELOPMENT AND ORGANISATION OF THE PETROLEUM EXPORTING COUNTRIES.


State your opinion regarding the direction of India’s imports.

Solution: -INDIA'S IMPORTS INCREASING OVER THE YEARS

How much is the percentage of increase in the imports of developing nations in 2015-16 as compared to 1990-91. 

Solution: - 24.6