UPSC Prelims 1998·GS1·economy·open economy

Which one of the following regions of the world supplies the maximum of our imported commodities (in terms of rupee value)?

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Last updated 23 May 2026, 3:31 pm IST
  1. AAfrica
  2. BAmerica
  3. CAsia and Oceania
  4. DEuropeCorrect

Explanation

The correct answer is D because Europe traditionally accounts for the highest share of imports when categorized by major economic regions in the context of this specific historical UPSC question. While China and individual Asian nations are significant trading partners, the cumulative value of imports including high-end machinery, technology, chemicals, and specialized equipment from the entire European region has historically placed it at the top in terms of total rupee value for India. Note that trade data fluctuates annually, but for the purpose of this examination and its standard reference sources, Europe is identified as the leading regional supplier.
economy: Which one of the following regions of the world supplies the maximum of our imported commodities (in terms of rupee valu

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