External Sector of India: UPSC Previous Year Questions (Indian Economy)
1 previous year UPSC Prelims question on External Sector of India (Indian Economy). Choose an option to see the answer and explanation.
Explanations state facts as of the year each question was asked; words like “recently” refer to that year.
Showing 1–1 of 1 question
UPSC 1996Indian Economy · External Sector of India
Q1. Consider the following items imported by India: 1. Capital goods 2. Petroleum 3. Pearls and precious stones 4. Chemicals 5. Iron and Steel The correct sequence of the decreasing order of these items (as per 94-95 figures), in terms of value is:
Explanation
As per India’s Foreign Trade Data (1994-95), the highest value of imports was:
Petroleum: India imported crude oil in large quantities to meet its growing energy needs. Capital Goods: Machinery, equipment, and industrial tools were imported to support infrastructure and manufacturing. Pearls & Precious Stones: India has a strong diamond and jewelry industry, which relies on imported raw materials. Chemicals: Used in pharmaceuticals, agriculture, and industries. Iron & Steel: Required for construction and heavy industries.
Additional insight:
In 1994-95, India’s top imports were petroleum, capital goods, and pearls and precious stones, followed by chemicals and iron and steel. Today, petroleum remains a key im-port, but electronics, machinery, and gold have gained prominence, reflecting shifts in technology and consumer demand.
Answer key for these questions
Q
UPSC year
Correct answer
1
1996
(c) 2, 1, 3, 4, 5
Frequently asked questions
How many previous year UPSC questions are there on External Sector of India?
This page covers 1 previous year UPSC Prelims GS Paper-I questions on External Sector of India (Indian Economy), asked from 1996 to 2025. Each has the correct answer and an explanation.
How should I use previous year UPSC questions for Prelims?
Attempt each question first, then open the answer and read the explanation for every option. Repeat by chapter, and track which statements UPSC reuses across years. Previous year questions show the exam pattern and difficulty level.
Which years are covered for External Sector of India?
Questions on External Sector of India (Indian Economy) are available for 22 years, from 1996 to 2025. Use the Year filter to practise a single paper.
