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Question

Among the following the percentage share of ____________ commodity group was highest in major imports of India during 2021-22.

The correct answer is
Electronic Goods

India's Import Commodity Share (2021-22)

During the fiscal year 2021-22, India's major imports were dominated by a specific commodity group. Analysis of trade data for this period reveals the relative contribution of different sectors.

Electronic Goods constituted the largest share among the major import commodity groups for India in 2021-22.

Key commodity groups considered in India's imports typically include:

  • Electronic Goods
  • Edible Oil
  • Chemicals
  • Transport Equipment
  • Gold and Silver
  • Machinery
  • Petroleum Products

Based on official trade statistics for 2021-22, the value of imported Electronic Goods represented the highest percentage share compared to other categories like Edible Oil, Chemicals, or Transport Equipment.

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Important Questions from International Trade

  1. Which among the following countries was the largest trading partner of India in 2013-14 ?
  2. When a nation imposes an import tariffs, the nation's offer curve will
  3. Which among the following will be classified as non-tariff barrier ?
    I. Phyto-sanitary measures.
    II. Import and export licensing.
    III. Countervailing duty
    IV. Environmental standards
    Select the answer from the code given below.
    Codes :
  4. Who developed the use of trade indifference curves in the analysis of trade theory ?
  5. A tax imposed upon monopoly profits
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