Why had the Indian government put barriers to foreign trade and foreign investments after independence? -SST 10th

1 Answer

Answer :

Indian government has put barriers to foreign trade and foreign investments after independence because: . It wanted to protect the producer within the country from foreign competition. . As the industries were just coming up in 1950’s and 1960’s the competition from inputs at that stage would not have allowed these industries to come up. . Indian allowed imports of only essential items such as machinery fertilizers, petroleum, etc.

Related questions

Description : Why had the Indian government put barriers to foreign trade and foreign investments after independence ? -SST 10th

Last Answer : 1. The Indian economy was instable and weak after the British left India, and it was important to allow the economy to develop and flourish itself in order to cope up with the high ... from producers and companies abroad were certainly not suitable to India's situation at the time of independence.

Description : Why had the Indian Government put barriers to foreign trade and foreign investment after independence ? State any one reason. -SST 10th

Last Answer : Indian Government put barriers after independence because they wanted to avoid foreign competition for the domestic producers.

Description : Why had Indian government put barriers to foreign trade and foreign investment after independence ? Explain. -SST 10th

Last Answer : 1. The Indian government after independence had put barriers to foreign trade and investment in order to protect the domestic producers of goods and services from the foreign competition. 2 ... by the government for only certain essential items such as machinery, fertilizers, petroleum etc.

Description : Why had the Indian government put barriers to foreign trade and foreign investment after independence? -SST 10th

Last Answer : Reasons for putting trade barriers to foreign trade and investment by the Indian government after Independence are: (i) To protect local producers and goods from foreign competition. (ii) Industries ... of products. (ii) To attract foreign investments. (iii) To place orders for production.

Description : What is a trade barrier ? Why did the Indian Government put up trade barriers after Independence ? Explain. -SST 10th

Last Answer : Trade barrier refers to the tax put on import by the government to discourage imports. Indian government put trade barriers because: 1. Industries were just coming up in the 1950s and ... put to protect the domestic producers from such competition. Imports of only essential goods were encouraged.

Description : Why did India put barriers on foreign trade and investment after independence? -SST 10th

Last Answer : Soon after independence India put barriers on foreign trade and independent to create a large industrial base which helped in increasing the industrial production. Policies were changed in 1991 ... (b) Reduce the problems like unemployment, poverty, inflation etc. and support industrialisation.

Description : Why had the Indian Government put barrier to foreign trade and foreign investment after independence? State any one reason. -SST 10th

Last Answer : The Indian government, after Independence, had put barriers to foreign trade and foreign investment because this was considered necessary to protect the producers within the country from foreign competition.

Description : Why had the Indian Government put barrier to foreign trade and foreign investment after independence ? -SST 10th

Last Answer : The protect the producers within the country from foreign competition.

Description : what were the reasons for putting barriers to foreign trade and foreign investment by the Indian government ? -SST 10th

Last Answer : Government of India initiated slew of measures to put barrier on foreign trade and investment owing to following reasons: To safeguard the domestic producers from foreign competition. Ideological ... early 1990s, wherein India didn't have adequate foreign reserve to pay for the imports.

Description : The Indian government removed barriers on foreign trade and foreign investment to a large extent. What does this mean? -SST 10th

Last Answer : This means that goods could be imported and exported easily and also foreign companies could set up factories and offices here.

Description : 2. What was the reasons for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers? -Economics 10th

Last Answer : The main reason for putting barriers to foreign trade and foreign investment by the Indian government was to protect the interest earned by producers and small industrialists of our country from ... and removing these barriers would increase trade and quality of products produced in the country.

Description : In which year did the government decide to remove barriers on foreign trade and investment in India ? -SST 10th

Last Answer : The government decided to remove barriers on foreign trade and investment and introduce a new series of economic reforms in India in the year 1991.

Description : In which year, the government started to remove barriers on foreign trade and foreign investment. -SST 10th

Last Answer : In 1991 ,the government started to remove barriers on foreign trade and foreign investment.

Description : Why are trade barriers imposed on the foreign trade and investment in a country? -SST 10th

Last Answer : Trade barriers are used by the governments - . To increase, decrease or regulate foreign trade. . To decide what kinds of goods and how much of each, should come into the country. . To protect the producers within the country from foreign competition.

Description : ‘Barriers on foreign trade and foreign investment were removed to a large extent in India since 1991.’ -SST 10th

Last Answer : Removal of barriers on foreign trade and foreign investment: . Barriers on foreign trade and foreign investment were partially removed. . Goods could be improved and exported easily. . Foreign ... and offices here. . Opportunities for Indian producers to compete with producers around the globe.

Description : Barriers to foreign trade and foreign investment were removed to a large extent in India since 1991'. Justify the statement. -SST 10th

Last Answer : 1. The government decided to remove the barriers on foreign trade and foreign investment around 1991 as it was realized that the time had come for Indian producers to compete with producers around ... as they would have to improve their quality of service in comparison to the foreign competition.

Description : ‘‘Barriers on foreign trade and foreign investment were removed to a large extent in India since 1991.’’ -SST 10th

Last Answer : Removal of barriers on foreign trade and foreign investment: (i) Barriers on foreign trade and foreign investment were partially removed. (ii) Goods could be imported and exported easily. ( ... and offices here. (iv) Indian producers got opportunities to compete with producers around the globe.

Description : Which of the following is a driver of globalization? A. Trade barriers and controls on inflows of foreign direct investment. B. Weak competition. C. Technological advance. D. Economies of scale are being exploited to the maximum.

Last Answer : Trade barriers and controls on inflows of foreign direct investment.

Description : For which purpose can government use trade barriers? -SST 10th

Last Answer : Government can use trade barriers to increase or decrease (regulate) foreign trade and to decide what kinds of goods and how much of each, should come into the country.

Description : The Government of India in a bid to attract foreign investments into India has appointed the Investment Commission which is headed by—

Last Answer : Ratan Tata

Description : Explain how the developing countries which are members of the WTO suffer due to trade barriers. -SST 10th

Last Answer : The developing countries suffer due to trade barriers. WTO is supposed to allow free trade for all in practice. But the developed countries have unfairly retained trade barriers. (i) ... asking governments of developing countries to stop supporting their farmers, but they are doing it themselves

Description : “World Trade Organization rules have forced the developing countries to remove trade barriers.” -SST 10th

Last Answer : ' Values hampered due to this are : (i) Equal benefits and opportunities for all the people. (ii) Equality. (iii) Fair trade rules and practices.

Description : Discuss the role of trade barriers on the importof chinese toys in india . -SST 10th

Last Answer : 'This answer was deleted by our moderators...

Description : Hofstede found that some countries have a long-term orientation while others focus on the short term. His results mean that: A. US business would be happy to invest in nuclear power and space ... from ten-year investment projects. D. Indian business is impatient for a return on its investments.

Last Answer : British businesses prefer investments with a quick return.

Description : Globalization means --------------------------- : A. Establishing Company branches in other countries B. Adopting a global outlook C. Earning profits through Exports D. Attracting foreign Investments

Last Answer : Adopting a global outlook

Description : Which of the following transactions is included in the current account balance of the Balance of payments statement? (a) Foreign direct investments. ; (b) Portfolio investments.; (c) External commercial borrowings. ; (d) Dividends earned on portfolio investments

Last Answer : (d) Dividends earned on portfolio investments

Description : What do you mean by a mixed economy? a) Modern and traditional industries b) Public and private sectors c) Foreign and domestic investments d) Commercial and subsistence farming

Last Answer : Answer- b

Description : What are the main physical trade barriers of Europe?

Last Answer : We dont give homework answers here but I would go with the specifics if I were you.

Description : the _______ agreement ended many trade barriers among the united states, mexico, and canada? -General Knowledge

Last Answer : The North American Free Trade Agreement ended many trade barriers among the United States, Mexico, and Canada.

Description : The most important of the non-tariff trade barriers are : (1) Quotas (2) Health regulations (3) Pollution standards (4) Labelling and packaging regulations

Last Answer : (1) Quotas Explanation: Non-tariff barriers to trade (NT13s) are trade barriers that restrict imports but are not in the usual form of a tariff. Some common examples of NT13's are ... they are deemed necessary to protect health, safety, or sanitation, or to protect depletable natural resources.

Description : The following is not a ‘reactive’ reason for going global. A. Trade barriers B. International customers C. International competition D. Product differentiation

Last Answer : Product differentiation

Description : The following is not a ‘reactive’ reason for going global. A. Trade barriers B. International customers C. International competition D. Product differentiation

Last Answer : Product differentiation

Description : Which among the following is / are characteristics of common market ? 1. A common external trade policy exists 2. There are no trade barriers among members 3. Creates mobility of factors of production 4. All of these 5. None of these

Last Answer : All of these

Description : Which among the following is / are characteristics of common market ? 1. a common external trade policy exists 2. there are no trade barriers among members 3. creates mobility of factors of production 4. all of these 5. none of these

Last Answer : all of these

Description : Which of the following do NOT facilitate globalization? A. Improvements in communications B. Removal of barriers to trade and investment C. Immigration controlsD. Removal of controls on movement of capital across borders

Last Answer : Immigration controls

Description : JCB would look to which of the following factors to determine how trade barriers would affect its ability to market its earth-moving equipment in various countries? A) Political and legal forces B) Interpersonal forces C) Social forces D) Technological forces E) Industrial forces

Last Answer : A) Political and legal forces

Description : What is the relationship among Exchange rate, Trade balance, FII & FDI investments and stock market returns?

Last Answer : answer:Anyone investing in a foreign economy needs to anticipate change in currency exchange rate when trying to determine an expected rate of return. If one predicts a market will return 10%, but the ... have a direct impact on exchange rate or stock market returns, but has an influential impact.

Description : Who thought the country needed a strong central government to manage trade foreign affairs and national defence?

Last Answer : Feel Free to Answer

Description : What statement best represents the general attitude of the framers about the role of the federal government in foreign trade?

Last Answer : Feel Free to Answer

Description : Which of the following policies is known as Annual Policy Statement? A. Annual budget of central government B. Credit and Monetary Policy of RBI C. Foreign trade policy of DGFT D. Regulations issued by SEBI E. None of the Above

Last Answer : B. Credit and Monetary Policy of RBI Explanation: Credit and Monetary Policy of RBI is known as Annual Policy Statement.

Description : What records a country's transactions (made by individuals, firms and government bodies.) with the rest of the world? a) Trade deficit b) Capital Budget c) Foreign imports d) Balance of Payments or BoP

Last Answer : b) other things remaining equal

Description : Arrange the following Acts in the order in which they came into force. (i) The Monopolies Restrictive Trade Practices Act (ii) Indian Contract Act (iii) The Sale of Goods Act (iv) The Foreign Exchange Management Act A. (il), (iii), (i ... (ii) C. (i), (ii), (iii), (iv) D. (iv), (iii), (ii), (i)

Last Answer : B. (iii), (i), (iv) and (ii)

Description : The two types of investments that provide the highest and lowest yields in the Ibbotson study of Stocks, Bonds, Bills and Inflation are A. Large company stocks; U.S. treasury bills B. Large ... Treasury bills D. Small company stocks; preferred stock E. U.S. treasury bills; small company stocks

Last Answer : C. Small company stocks; U.S. Treasury bills

Description : Which one of the following is not a feature of the Indian Constitution? (1) Federal Government (2) Independence of Judiciary (3) Parliamentary Government (4) Dual Citizenship

Last Answer : (4) Dual Citizenship Explanation: The idea of single citizenship is borrowed from British constitution.

Description : Which of the following is not a feature of Indian Constitution? (1) Parliamentary form of Government (2) independence of Judiciary (3) Presidential form of Government (4) Federal Government

Last Answer : (3) Presidential form of Government Explanation: 'Presidential Form of Government' is not a feature of Indian Constitution.

Description : Explain any three steps taken by the Indian Government to attract foreign investment. -SST 10th

Last Answer : In the recent years, the Indian Government has taken special steps to attract foreign companies to invest in India: (i) The government has set up industrial zones called special Economic Zones (SEZs). ... is intense pressure of work. This is done to reduce the cost of labour for the companies.

Description : Three partners shared the profit in a business in the ratio 7 :8 :9. They had partnered for 16 months, 10 months and 9 months respectively. What was the ratio of their investments? A) 2286:5599:7643 B) 2346:76543:8754 C) 5643;1254 :2345 D) 2205 :4032:5032

Last Answer :  Answer: D) Let their investments be Rs.x for 16 months, y for 10 months , Z for 9 months Then 16x : 10y :9z = 7:8:9 Now 16x / 10y = 7/8 128x = 70y Y=64/35x 16x/9z = 7/9 144x = 63z Z = 144x/63 X:Y:Z = x:64x/35 :144x/63 X:Y:Z = 2205:4032:5032.

Description : The drawbacks of ICT involves i) Foreign technology and culture are going heavy on our culture ii) Increased commitments to learning works iii) Learn more independently and at their own pace iv) Increase in self-directed learning and independence

Last Answer : i) Foreign technology and culture are going heavy on our culture

Description : Explain any three methods of forest conservation adopted by the government after independence. -SST 10th

Last Answer : Government has adopted the following methods to conserve forests after independance- (i) The government has classified the forest into three types-Reserved forest, Protected forests and Unclassed ... programmes like Van Mahotsava to highlight the importance of forests among people of the country.

Description : How does foreign trade integrate that markets of different countries? -SST 10th

Last Answer : Integration of Foreign markets: . Producers reach beyond the domestic market. . Producers compete with markets located in other countries of the world . There is expansion of choice of goods beyond the domestic market. . Produces in the two countries closely compete against each other.