New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following is has the highest share in the

    import bill of India?
    A Electronics items Correct Answer Incorrect Answer
    B Gold and gems Correct Answer Incorrect Answer
    C Crude petroleum oil Correct Answer Incorrect Answer
    D Refined petroleum product Correct Answer Incorrect Answer
    E Agriculture product Correct Answer Incorrect Answer

    Solution

    India is heavily dependent on imported crude petroleum oil. About 80% of our crude oil requirement is filled through import. Thus it always has a highest share in our import bill. Electronics items and gold are also some of the top imported items, but they are way behind crude petroleum oil. India is a net exporter of refined petroleum product and agriculture product.

    Practice Next