Economics · Foreign Trade and Balance of Payments
On which of the following commodity groups does India spend the largest share of its foreign exchange earnings for imports?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Chemical Fertilizers
- 2Heavy Industrial Machinery
- 3Petroleum, Oil, and Lubricants (POL)✓
- 4Gold and precious stones
Correct answer
Petroleum, Oil, and Lubricants (POL)
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Foreign Trade and Balance of Payments MCQs →Want more practice questions on Foreign Trade and Balance of Payments?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Foreign Trade and Balance of Payments