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Read the news report given below and answer the question that follow on the basis of the same:The trade deficit between India and China in April-June this fiscal year fell to USD 5.48 billion as compared to USD 13.1 billion in the same period last year, Parliament was informed on Wednesday.In a written reply, Commerce and Industry Minister Piyush Goyal said the bilateral trade between the countries dipped to USD 16.55 billion during the first three months of 2020-21 as against USD 21.42 billion in the same period last year. “Government has consistently taken steps to balance our trade with China by increasing our exports to China and reducing our dependence on imports from China,” he said.In a separate reply, the minister said at present, about 550 tariff lines (or products) are under the restricted/prohibited category for imports under the Foreign Trade Policy. Imports of these products are restricted from all countries, including China.Replying to a separate question, he said merchandise exports from special economic zones (SEZs) dipped to ₹81,481 crore during AprilAugust, 2020 as against ₹1,30,129 crore in the same period of 2019-20. “However, services exports have shown a growth of 9 per cent during April to August 2020 in comparison to corresponding period of previous year,” he added.Q. 550 tariff lines (or products) are under the restricted/prohibited category for _________ under the Foreign Trade Policy.a)importsb)exportsc)either (A) or (B)d)neither (A) nor (B)Correct answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Read the news report given below and answer the question that follow on the basis of the same:The trade deficit between India and China in April-June this fiscal year fell to USD 5.48 billion as compared to USD 13.1 billion in the same period last year, Parliament was informed on Wednesday.In a written reply, Commerce and Industry Minister Piyush Goyal said the bilateral trade between the countries dipped to USD 16.55 billion during the first three months of 2020-21 as against USD 21.42 billion in the same period last year. “Government has consistently taken steps to balance our trade with China by increasing our exports to China and reducing our dependence on imports from China,” he said.In a separate reply, the minister said at present, about 550 tariff lines (or products) are under the restricted/prohibited category for imports under the Foreign Trade Policy. Imports of these products are restricted from all countries, including China.Replying to a separate question, he said merchandise exports from special economic zones (SEZs) dipped to ₹81,481 crore during AprilAugust, 2020 as against ₹1,30,129 crore in the same period of 2019-20. “However, services exports have shown a growth of 9 per cent during April to August 2020 in comparison to corresponding period of previous year,” he added.Q. 550 tariff lines (or products) are under the restricted/prohibited category for _________ under the Foreign Trade Policy.a)importsb)exportsc)either (A) or (B)d)neither (A) nor (B)Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the news report given below and answer the question that follow on the basis of the same:The trade deficit between India and China in April-June this fiscal year fell to USD 5.48 billion as compared to USD 13.1 billion in the same period last year, Parliament was informed on Wednesday.In a written reply, Commerce and Industry Minister Piyush Goyal said the bilateral trade between the countries dipped to USD 16.55 billion during the first three months of 2020-21 as against USD 21.42 billion in the same period last year. “Government has consistently taken steps to balance our trade with China by increasing our exports to China and reducing our dependence on imports from China,” he said.In a separate reply, the minister said at present, about 550 tariff lines (or products) are under the restricted/prohibited category for imports under the Foreign Trade Policy. Imports of these products are restricted from all countries, including China.Replying to a separate question, he said merchandise exports from special economic zones (SEZs) dipped to ₹81,481 crore during AprilAugust, 2020 as against ₹1,30,129 crore in the same period of 2019-20. “However, services exports have shown a growth of 9 per cent during April to August 2020 in comparison to corresponding period of previous year,” he added.Q. 550 tariff lines (or products) are under the restricted/prohibited category for _________ under the Foreign Trade Policy.a)importsb)exportsc)either (A) or (B)d)neither (A) nor (B)Correct answer is option 'A'. Can you explain this answer?.

Solutions for Read the news report given below and answer the question that follow on the basis of the same:The trade deficit between India and China in April-June this fiscal year fell to USD 5.48 billion as compared to USD 13.1 billion in the same period last year, Parliament was informed on Wednesday.In a written reply, Commerce and Industry Minister Piyush Goyal said the bilateral trade between the countries dipped to USD 16.55 billion during the first three months of 2020-21 as against USD 21.42 billion in the same period last year. “Government has consistently taken steps to balance our trade with China by increasing our exports to China and reducing our dependence on imports from China,” he said.In a separate reply, the minister said at present, about 550 tariff lines (or products) are under the restricted/prohibited category for imports under the Foreign Trade Policy. Imports of these products are restricted from all countries, including China.Replying to a separate question, he said merchandise exports from special economic zones (SEZs) dipped to ₹81,481 crore during AprilAugust, 2020 as against ₹1,30,129 crore in the same period of 2019-20. “However, services exports have shown a growth of 9 per cent during April to August 2020 in comparison to corresponding period of previous year,” he added.Q. 550 tariff lines (or products) are under the restricted/prohibited category for _________ under the Foreign Trade Policy.a)importsb)exportsc)either (A) or (B)d)neither (A) nor (B)Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of Read the news report given below and answer the question that follow on the basis of the same:The trade deficit between India and China in April-June this fiscal year fell to USD 5.48 billion as compared to USD 13.1 billion in the same period last year, Parliament was informed on Wednesday.In a written reply, Commerce and Industry Minister Piyush Goyal said the bilateral trade between the countries dipped to USD 16.55 billion during the first three months of 2020-21 as against USD 21.42 billion in the same period last year. “Government has consistently taken steps to balance our trade with China by increasing our exports to China and reducing our dependence on imports from China,” he said.In a separate reply, the minister said at present, about 550 tariff lines (or products) are under the restricted/prohibited category for imports under the Foreign Trade Policy. Imports of these products are restricted from all countries, including China.Replying to a separate question, he said merchandise exports from special economic zones (SEZs) dipped to ₹81,481 crore during AprilAugust, 2020 as against ₹1,30,129 crore in the same period of 2019-20. “However, services exports have shown a growth of 9 per cent during April to August 2020 in comparison to corresponding period of previous year,” he added.Q. 550 tariff lines (or products) are under the restricted/prohibited category for _________ under the Foreign Trade Policy.a)importsb)exportsc)either (A) or (B)d)neither (A) nor (B)Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read the news report given below and answer the question that follow on the basis of the same:The trade deficit between India and China in April-June this fiscal year fell to USD 5.48 billion as compared to USD 13.1 billion in the same period last year, Parliament was informed on Wednesday.In a written reply, Commerce and Industry Minister Piyush Goyal said the bilateral trade between the countries dipped to USD 16.55 billion during the first three months of 2020-21 as against USD 21.42 billion in the same period last year. “Government has consistently taken steps to balance our trade with China by increasing our exports to China and reducing our dependence on imports from China,” he said.In a separate reply, the minister said at present, about 550 tariff lines (or products) are under the restricted/prohibited category for imports under the Foreign Trade Policy. Imports of these products are restricted from all countries, including China.Replying to a separate question, he said merchandise exports from special economic zones (SEZs) dipped to ₹81,481 crore during AprilAugust, 2020 as against ₹1,30,129 crore in the same period of 2019-20. “However, services exports have shown a growth of 9 per cent during April to August 2020 in comparison to corresponding period of previous year,” he added.Q. 550 tariff lines (or products) are under the restricted/prohibited category for _________ under the Foreign Trade Policy.a)importsb)exportsc)either (A) or (B)d)neither (A) nor (B)Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Read the news report given below and answer the question that follow on the basis of the same:The trade deficit between India and China in April-June this fiscal year fell to USD 5.48 billion as compared to USD 13.1 billion in the same period last year, Parliament was informed on Wednesday.In a written reply, Commerce and Industry Minister Piyush Goyal said the bilateral trade between the countries dipped to USD 16.55 billion during the first three months of 2020-21 as against USD 21.42 billion in the same period last year. “Government has consistently taken steps to balance our trade with China by increasing our exports to China and reducing our dependence on imports from China,” he said.In a separate reply, the minister said at present, about 550 tariff lines (or products) are under the restricted/prohibited category for imports under the Foreign Trade Policy. Imports of these products are restricted from all countries, including China.Replying to a separate question, he said merchandise exports from special economic zones (SEZs) dipped to ₹81,481 crore during AprilAugust, 2020 as against ₹1,30,129 crore in the same period of 2019-20. “However, services exports have shown a growth of 9 per cent during April to August 2020 in comparison to corresponding period of previous year,” he added.Q. 550 tariff lines (or products) are under the restricted/prohibited category for _________ under the Foreign Trade Policy.a)importsb)exportsc)either (A) or (B)d)neither (A) nor (B)Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Read the news report given below and answer the question that follow on the basis of the same:The trade deficit between India and China in April-June this fiscal year fell to USD 5.48 billion as compared to USD 13.1 billion in the same period last year, Parliament was informed on Wednesday.In a written reply, Commerce and Industry Minister Piyush Goyal said the bilateral trade between the countries dipped to USD 16.55 billion during the first three months of 2020-21 as against USD 21.42 billion in the same period last year. “Government has consistently taken steps to balance our trade with China by increasing our exports to China and reducing our dependence on imports from China,” he said.In a separate reply, the minister said at present, about 550 tariff lines (or products) are under the restricted/prohibited category for imports under the Foreign Trade Policy. Imports of these products are restricted from all countries, including China.Replying to a separate question, he said merchandise exports from special economic zones (SEZs) dipped to ₹81,481 crore during AprilAugust, 2020 as against ₹1,30,129 crore in the same period of 2019-20. “However, services exports have shown a growth of 9 per cent during April to August 2020 in comparison to corresponding period of previous year,” he added.Q. 550 tariff lines (or products) are under the restricted/prohibited category for _________ under the Foreign Trade Policy.a)importsb)exportsc)either (A) or (B)d)neither (A) nor (B)Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the news report given below and answer the question that follow on the basis of the same:The trade deficit between India and China in April-June this fiscal year fell to USD 5.48 billion as compared to USD 13.1 billion in the same period last year, Parliament was informed on Wednesday.In a written reply, Commerce and Industry Minister Piyush Goyal said the bilateral trade between the countries dipped to USD 16.55 billion during the first three months of 2020-21 as against USD 21.42 billion in the same period last year. “Government has consistently taken steps to balance our trade with China by increasing our exports to China and reducing our dependence on imports from China,” he said.In a separate reply, the minister said at present, about 550 tariff lines (or products) are under the restricted/prohibited category for imports under the Foreign Trade Policy. Imports of these products are restricted from all countries, including China.Replying to a separate question, he said merchandise exports from special economic zones (SEZs) dipped to ₹81,481 crore during AprilAugust, 2020 as against ₹1,30,129 crore in the same period of 2019-20. “However, services exports have shown a growth of 9 per cent during April to August 2020 in comparison to corresponding period of previous year,” he added.Q. 550 tariff lines (or products) are under the restricted/prohibited category for _________ under the Foreign Trade Policy.a)importsb)exportsc)either (A) or (B)d)neither (A) nor (B)Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice Commerce tests.