DIRECTIONS: Study the given Table carefully and answer the following question: Composition of India's Export, 1997-2011 (Percentage share in Exports)." This is followed by a table showing the percentage share of different commodities in India's exports over various years (1997-1998, 2003-2004, 2009-2010, and 2010-2011). (Percentage share in Exports) Source: Economic Survey 2011-2012Commodities 1997-1998 2003-2004 2009-2010 2010-2011 Agriculture and allied products 18.93 11.8 10.0 9.9 Ore and Minerals 3.03 3.71 4.9 4.0 Manufactured goods 75.83 75.96 67.4 68.0 Crude and petroleum products 1.01 5.59 16.2 16.8 Other commodities 1.2 2.94 1.5 1.2
Which of the following commodities exported by India registered continuous increase?
Crude and Petroleum Products
To determine which commodity exported by India registered continuous increase from 1997 to 2011, we need to analyze the percentage share data from the table provided:
| Commodities | 1997-1998 | 2003-2004 | 2009-2010 | 2010-2011 |
|---|---|---|---|---|
| Agriculture and allied products | 18.93 | 11.8 | 10.0 | 9.9 |
| Ore and Minerals | 3.03 | 3.71 | 4.9 | 4.0 |
| Manufactured goods | 75.83 | 75.96 | 67.4 | 68.0 |
| Crude and petroleum products | 1.01 | 5.59 | 16.2 | 16.8 |
| Other commodities | 1.2 | 2.94 | 1.5 | 1.2 |
- First, we observe the Agriculture and allied products: The percentage share decreased over the years from 18.93% to 9.9%.
- Next, Ore and Minerals: Although there is an increase from 1997-1998 to 2009-2010, it decreased in 2010-2011.
- For Manufactured goods, it fluctuated mostly, showing a decreasing trend overall but slight recovery towards the end.
- Crude and petroleum products saw a consistent increase over all years – 1.01% to 5.59% to 16.2% to 16.8%.
- Finally, Other commodities increased until 2003-2004, but the share fell in subsequent years.
Based on the analysis, Crude and petroleum products is the correct answer as it is the only commodity that registered a continuous increase over the years surveyed.
Important Questions from International Trade
India is a member nation of which Regional Trade Block?
If the value of imports is more than the value of a country’s exports, then it will be called as:
Where is the headquarter of the 'Organisation of the Petroleum Exporting Countries' (OPEC)?
The General Agreement on Tariffs and Trade (GATT) was transformed into the World Trade Organization in _____. Fill in the blank with the correct option.
The ‘Silicon Forest’ is an example of high-tech industry or technology lies in which of the following country?
