Question : Import substitution strategy is commonly called _____.
Option 1: make in India campaign
Option 2: outward-looking trade strategy
Option 3: balanced trade strategy
Option 4: inward-looking trade strategy
Correct Answer: inward-looking trade strategy
Solution : The correct option is an inward-looking trade strategy.
Inward-looking trade strategy, also known as import substitution industrialisation (ISI), is an economic approach where a country emphasises the domestic production of goods and services to reduce reliance on imports. Governments often impose high tariffs and trade barriers to protect domestic industries from foreign competition.
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Question : Saline and alkaline soils in India are also called as
Option 1: Kallar
Option 2: Khadar
Option 3: Regur
Option 4: Bangar
Question : In which year did India make its One-Day International (ODI) debut?
Option 1: 1971
Option 2: 1974
Option 3: 1975
Option 4: 1972
Question : Who among the following is famously called the Iron Lady of India?
Option 1: Mary Kom
Option 2: Deepika Padukone
Option 3: Lata Mangeshkar
Option 4: Indira Gandhi
Question : How many silver medals did India win in the 2020 Tokyo Olympic Games?
Option 1: 4
Option 2: 2
Option 3: 1
Option 4: 3
Question : What is the direction of the southeast trade winds in India during the southwest monsoon season?
Option 1: South-easterly
Option 2: North-westerly
Option 3: South-westerly
Option 4: North-easterly
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