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In which of the following year/s, trade balance was in favour of India after 1950?

After 1950, India's merchandise balance of trade was favourable (in surplus) in "1972-73 and 1976-77".

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In which of the following year/s, trade balance was in favour of India after 1950?

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Answer and explanation

Correct answer D

After 1950, India's merchandise balance of trade was favourable (in surplus) in "1972-73 and 1976-77".

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