MEDIUM
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What is the difference between the import and export of a country called?

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Important Questions on Lifelines of National Economy

EASY
When was the Special Economic Zone's Act enacted in India?
HARD
International trade is regulated and monitored by _____.
HARD
What is meant by trade? What is the difference between international and local trade?
EASY
Which of the following is a practice followed by governments to encourage foreign investment?
HARD
In Chapter 1, we saw what may be development for one may be destructive for others. The setting of SEZs has been opposed by some people in India. Find out who are these people, and why are they opposing it?
HARD
Which of the following commodities accounts for the largest import of India?
HARD
Why is it detrimental for a nation to have negative balance of payments?
MEDIUM
Which of the following is not the correct option related to Special Economic Zones:
HARD
Write a note on the changing nature of the international trade in the last 15 years.
MEDIUM
Which one of the following terms is used to describe the trade between cities, towns and villages?
MEDIUM
Which one of the following commodities is imported to India?
MEDIUM

Companies setting up production units in SEZ, don't have to pay taxes for an initial period of _____(five/ten)years.

HARD
The difference between the export and import of a country is known as _____.
HARD
Which one of the following terms is used to describe trade between two or more countries?
MEDIUM
What is considered as the economic barometer of a country?
MEDIUM

What are being set up to attract foreign companies to invest in India?

HARD
A _____ balance is when the value of export exceeds the value of imports. (favourable/unfavourable)