2 Marks Questions
Q: What is a foreign trade and why it is a must?
A: Foreign trade refers to the imports and exports of goods and services of a
country with other countries.
It is a vital component of any economy.
Since the distribution of natural resources and manufactured goods are
not equitable in relation to different countries, foreign trade is a must.
Q: What do you understand by the direction of foreign trade?
A: Foreign trade refers to the imports and exports of goods and services of a
country with other countries.
Direction of foreign trade shows the destination of exports and origin of
imports.
It indicates the important areas of trading with our country.
1 Marks Questions:
Q: What are the different railway gauges?
A: There are three railway gauges. They are broad gauge (1.69 m), meter gauge
(1 meter) and the narrow gauge (0.77 meters).
Q: When was the first railway line laid in our country?
A: The first railway line of 34 kms in length was laid by Dalhousie between Thane
and Mumbai in 1853.
Q: OPEC - Expand.
A: Organization of Petroleum Exporting Countries.
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