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

Question

YESPYQ · Accepted Answer

Correct answer: Asia and Oceania. As of 1998 and even in current times , the largest share of India’s imports, in terms of rupee value, came from the Asia and Oceania region. This was primarily due to India’s heavy de- pendence on crude oil and petroleum imports from West Asian (Middle Eastern) countries such as Saudi Arabia, Iran, Iraq, and the UAE. Additionally, India imported electronic goods, machinery, and chemicals from East Asian economies like China, Japan, and South Korea. 295

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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