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 ASSIGNMENT SOLUTION GUIDE (2020-2021)

IBO-03: INDIA’S FOREIGN TRADE

Disclaimer/Special Note: These are just the sample of the Answers/Solutions to some of the Questions
given in the Assignments. These Sample Answers/Solutions are prepared by Private
Teacher/Tutors/Authors for the help and guidance of the student to get an idea of how he/she can
answer the Questions given the Assignments. We do not claim 100% accuracy of these sample
answers as these are based on the knowledge and capability of Private Teacher/Tutor. Sample
answers may be seen as the Guide/Help for the reference to prepare the answers of the Questions
given in the assignment. As these solutions and answers are prepared by the private teacher/tutor so
the chances of error or mistake cannot be denied. Any Omission or Error is highly regretted though
every care has been taken while preparing these Sample Answers/Solutions. Please consult your own
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and solution. Student should must read and refer the official study material provided by the
university.

Attemp all the question.

Q1. Explain the concept of balance of payments. What are the main items in the balance
of payments? Describe briefly India’s current and capital accounts.
Ans.
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Q2. Discuss various export promotion measures adopted by the Government of India.
Ans.

5
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Q3. Describe Government’s measures for enhancing agricultural exports. How various
infrastructural facilities have been strengthened?
Ans.

7
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Q4. Define services. Identify various important services being exported by India.
Discuss advantages and disadvantages also in this sector.
Ans.

10
Types of servies:

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Q5. Write short notes on the following:

a. India and World Trade

Ans.

15
b. Special Economic Zone (SEZ)
Ans.

c. India – CIS Trade Relations

Ans.

16
c. Foreign Trade of Japan
Ans.

17