1.

Which of the following statements is correct about the balance of trade of India?

A. India's trade balance remained negative for the entire period from 1949 - 50 to 2015 - 16.
B. India's trade balance remained positive for the entire period from 1949 - 50 to 2015 - 16
C. India's trade balance remained negative for the entire period from 1949 - 50 to 2015 - 16 except two years 1972 - 73 and 1976 - 77, when it was positive.
D. India's trade balance remained positive for the entire period from 1949 - 50 to 2015 - 16 except two year 1972 - 73 and 1976 - 77, when it was negative.
Answer» D. India's trade balance remained positive for the entire period from 1949 - 50 to 2015 - 16 except two year 1972 - 73 and 1976 - 77, when it was negative.


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