Advertisements
Online Mock Tests
Chapters
![SCERT Maharashtra solutions for Economics [English] 12 Standard HSC chapter 10 - Foreign Trade of India - Shaalaa.com](/images/economics-english-12-standard-hsc_6:5f2b1b2038084cf381bfa42c826a928c.jpg "SCERT Maharashtra solutions for Economics [English] 12 Standard HSC chapter 10 - Foreign Trade of India")
Advertisements
Solutions for Chapter 10: Foreign Trade of India
Below listed, you can find solutions for Chapter 10 of Maharashtra State Board SCERT Maharashtra for Economics [English] 12 Standard HSC.
SCERT Maharashtra solutions for Economics [English] 12 Standard HSC 10 Foreign Trade of India Choose the correct option
Choose the correct option
Features of composition of India’s foreign trade:
- Increasing share in Gross National Income
- Increase in volume and value of trade
- Division of labour and specialization
- Stability in price level
a, d
a, b
b, c
c, d
Statements incorrect in relation to Balance of Trade:
- It is also referred to as international trade balance.
- Trade surplus arises when export value is greater than import value.
- Trade deficit takes place when import value is greater than export value
- Balance of trade includes value of imports and exports of visible goods only
Only d
Only a
b, c, d
a, b, c
SCERT Maharashtra solutions for Economics [English] 12 Standard HSC 10 Foreign Trade of India Complete the correlation
Complete the correlation
Goods purchased from other countries : ______ :: Goods sold to other countries : Export
Export value > Import value : Trade surplus :: Import value > Export value : ______
SCERT Maharashtra solutions for Economics [English] 12 Standard HSC 10 Foreign Trade of India Give economic terms
Give economic terms
Purchase of goods and services by one country from another country −
Systematic record of all international economic transactions of a country during a given period usually a year –
SCERT Maharashtra solutions for Economics [English] 12 Standard HSC 10 Foreign Trade of India Find the odd word
Find the odd word
Types of foreign trade -
Import trade
Export trade
Entrepot trade
National trade
Find the odd word
Development of New Port -
Kandla
Cochin
Mumbai
Nhava Sheva
SCERT Maharashtra solutions for Economics [English] 12 Standard HSC 10 Foreign Trade of India Complete the following statements
Complete the following statements
Buying and selling of goods and services within the boundaries of a nation are referred to as ______.
foreign trade
internal trade
export trade
entrepot trade
Balance of trade is also referred to as ______.
National trade balance
International trade balance
Balance of Payment
Systematic record of all international economic transactions
SCERT Maharashtra solutions for Economics [English] 12 Standard HSC 10 Foreign Trade of India Assertion and Reasoning type questions
Assertion and Reasoning type questions
Assertion (A): Trade is an engine of growth for an economy.
Reasoning (R): Trade plays an important role for economic development.
(A) is True but (R) is False.
) (A) is False but (R) is True.
Both (A) and (R) are True and (R) is the correct explanation of (A).
Both (A) and (R) are True and (R) is not the correct explanation of (A).
Assertion (A): Balance of trade is also referred to as Balance of payments.
Reasoning (R): Balance of trade includes the value of imports and exports of visible goods and invisible goods.
(A) is True but (R) is False.
(A) is False but (R) is True.
Both (A) and (R) are True and (R) is the correct explanation of (A).
Both (A) and (R) are True and (R) is not the correct explanation of (A).
SCERT Maharashtra solutions for Economics [English] 12 Standard HSC 10 Foreign Trade of India Identify & explain the concepts from the given illustrations
Identify & explain the concept from the given illustration.
Tamil Nadu purchases wheat from Punjab and Uttar Pradesh.
Identify & explain the concept from the given illustration.
Alfonso mangoes from Maharashtra are sold in the international market.
SCERT Maharashtra solutions for Economics [English] 12 Standard HSC 10 Foreign Trade of India Distinguish Between
Distinguish Between:
Import Trade and Export Trade
Distinguish Between
Internal trade and Foreign trade
Distinguish between Balance of payments and Balance of trade.
SCERT Maharashtra solutions for Economics [English] 12 Standard HSC 10 Foreign Trade of India Answer the following
Answer the following
Explain the types of foreign trade
SCERT Maharashtra solutions for Economics [English] 12 Standard HSC 10 Foreign Trade of India State with reasons whether you agree or disagree with the following statements
State with reason whether you agree or disagree with the following statement:
Foreign trade leads to division of labour and specialization at world level.
Agree
Disagree
State with reason whether you agree or disagree with the following statement:
There is no difference between Balance of payment and Balance of trade.
Solutions for 10: Foreign Trade of India
SCERT Maharashtra solutions for Economics [English] 12 Standard HSC chapter 10 - Foreign Trade of India
Shaalaa.com has the Maharashtra State Board Mathematics Economics [English] 12 Standard HSC Maharashtra State Board solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. SCERT Maharashtra solutions for Mathematics Economics [English] 12 Standard HSC Maharashtra State Board 10 (Foreign Trade of India) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.
Further, we at Shaalaa.com provide such solutions so students can prepare for written exams. SCERT Maharashtra textbook solutions can be a core help for self-study and provide excellent self-help guidance for students.
Concepts covered in Economics [English] 12 Standard HSC chapter 10 Foreign Trade of India are Internal Trade, Foreign Trade of India, Composition of India’s Foreign Trade, Trends in India’s Foreign Trade since 2001, Concept of Balance of Payments (BOP), Direction of India’s Foreign Trade, Types of Foreign Trade, Role of Foreign Trade.
Using SCERT Maharashtra Economics [English] 12 Standard HSC solutions Foreign Trade of India exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in SCERT Maharashtra Solutions are essential questions that can be asked in the final exam. Maximum Maharashtra State Board Economics [English] 12 Standard HSC students prefer SCERT Maharashtra Textbook Solutions to score more in exams.
Get the free view of Chapter 10, Foreign Trade of India Economics [English] 12 Standard HSC additional questions for Mathematics Economics [English] 12 Standard HSC Maharashtra State Board, and you can use Shaalaa.com to keep it handy for your exam preparation.
