In which of the following years, India's trade balance was in favour of the country during plan period ?
During the entire post-independence Five-Year Plan period in India, India recorded a favourable balance of trade (trade surplus, where exports exceeded imports) in only two…
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In which of the following years, India's trade balance was in favour of the country during plan period ?
Answer and explanation
Correct answer C
During the entire post-independence Five-Year Plan period in India, India recorded a favourable balance of trade (trade surplus, where exports exceeded imports) in only two financial years: 1972–73 (+₹104 crore) and 1976–77 (+₹68 crore).
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RPSC Senior Teacher (Sanskrit Education)