[amp_mcq option1=”10,200 crore” option2=”10,300 crore” option3=”91,000 crore” option4=”1, 01,000 crore ” correct=”option4″]<\/p>\n
The correct answer is (d) 1,01,000 crore.<\/p>\n
India’s external trade refers to the total value of goods and services that India imports and exports. In 2011-12, India’s external trade was worth more than 1,01,000 crore. This was a significant increase from the previous year, when India’s external trade was worth 91,000 crore. The increase in India’s external trade was due to a number of factors, including the country’s economic growth, its increasing integration into the global economy, and the rise in global demand for Indian goods and services.<\/p>\n
India’s external trade is important for a number of reasons. First, it helps to drive the country’s economic growth. When India exports more goods and services, it creates jobs and generates income. Second, India’s external trade helps to diversify the country’s economy. By importing a variety of goods and services, India reduces its reliance on any one sector of the economy. Third, India’s external trade helps to improve the country’s standard of living. By importing goods and services that are not produced domestically, India can provide its citizens with a wider range of products and services.<\/p>\n
India’s external trade is also important for the global economy. India is a major player in the global economy, and its trade with other countries helps to promote economic growth and development around the world.<\/p>\n","protected":false},"excerpt":{"rendered":"
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