Multiple choice

At present the share of Indian Foreign Trade in World Trade is.........

  1. Below 0.5%

  2. Between 0.5% to 1.0%

  3. Between 1.0% to 1.5%

  4. Above 1.5%

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

At present the share of Indian Foreign Trade in World Trade is from 0.5% to 1.0%. According to the latest information by the WTO, India's share in total world trade is from .5% to 1%. In 1950s, India's share in the world trade was 1.78% which was declined to 0.59% in 1990 and continues to remain around 0.60% till now.