Difference between the total value of exports and imports is called
Balance of payment
Balance of trade
Surplus budget
Deficit balance
Which of the following is the exchange of products between regions of surplus and regions of deficiency?
Export
Import
Trade
International trade
Thirupati is located in the mountain ranges of
Seshachalam hills
Nallamala hills
Nilgiri hills
Sahyadri hills
In recent years, India is earning large foreign exchange through the export of which of the following?
Ores and minerals
Information technology
Agricultural products
Electrical goods
Dilwara temple is located in
Delhi
Ooty
Tirumala
Mount Abu
Which of the following is carried on within cities, towns or villages?
National trade
Local trade
Internal trade
External trade
When goods are traded out from a country to other countries is termed as
Barter system
The major portion of India's exports consists of
Raw materials
Manufactured goods
Food stuffs
Which of the following is the largest share of imports of India?
Petroleum
Capital goods
Transport equipment
Which is the single largest item of import in our country?
Machine tools
Transport instruments
