Attempt all the questions

1. Discuss “Balance of payment Accounting” in the context of India. Explain main items in the balance of payments. What policy measures were taken to improve the situation of the balance of payments? (5+5+10)

2. Describe various export promotion measures adopted in India. Explain the regulatory mechanism in export promotion. (15+5)

3. Discuss composition of the agricultural exports from India. What is the role of WTO in the agricultural exports? (15+5)

4. Explain various components of the chemical goods. What are the responsibilities associated with the chemical industries? (15+5)

5. Write short notes on the following : (a) Major problems in India’s exports (b) Reforms in industrial policy after 1991 (c) India’s competitive advantages and disadvantages in the export of services (d) Indo-ASEAN trade and economic relations