Question 1

Question 1Why are the means of transportation and communication called the lifelines of a nation and its economy?

Accepted Answer

The means of transportation and communication are called the lifelines of a nation and its economy because:The pace of a country's development depends not only on its capacity to produce goods and services but also on their seamless movement across the country. Therefore, efficient means of transport are prerequisites for national development.A dense and efficient network of transport and communication is a prerequisite for local, national and global trade of today.Transportation and communication networks connect different regions and communities within a country fostering social cohesion and economic integration.It enhances the country's disaster response, healthcare access, education and employment opportunities improving overall quality of life of the nation's population.It facilitates tourism which helps in promoting national integration, provides support to local handicrafts and cultural pursuits and brings in foreign exchange.

Question 2

Question 2Write a note on the changing nature of the international trade in the last fifteen years.

Accepted Answer

The changing nature of the international trade for India, in the last fifteen years has been marked by several key trends such as:India has developed trade relations with all the major trading blocks and all geographical regions of the world over the last fifteen years.India's services sector, particularly information technology (IT), software services, and business process outsourcing (BPO), has been a major contributor to its international trade.India has emerged as a major supplier of generic pharmaceuticals and healthcare services.The e-commerce boom has expanded global digital trade, with Indian companies and platforms taking advantage of this trend to sell products and services globally.India has increased its agricultural exports, including rice, cereals, spices, and fruits, to various countries.Tourism in India has seen substantial growth and helped in international trade. India is one of the top destinations for medical tourism, educational tourism, holidays and business tourism.

Question 3

Question 3What is the significance of the border roads?

Accepted Answer

Border roads are significant due to the following reasons:They have helped in the economic development of Northern and Northeastern border areas by improving accessibility.They have strengthened the defence preparedness of our country by enabling quick deployment of troops in the border areas.

Question 4

Question 4What is meant by trade? What is the difference between international and local trade?

Accepted Answer

The exchange of goods among people, states and countries is referred to as trade. Trade between two countries is called international trade. Trade carried out within the country in its states, cities, town and villages is called local trade.

Question 5

Question 5Which one of the following is the most important modes of transportation in India?PipelineRailwaysRoadwaysAirways

Accepted Answer

Railways

Question 6

Question 6Which one of the following terms is used to describe trade between two or more countries?Internal tradeInternational tradeExternal tradeLocal trade

Accepted Answer

International trade

Lifelines of National Economy

Answer in about 120 words

Answer in about 30 words

Multiple Choice Questions