Business Studies

In 1995-96, India's total exports have increased to ___________.


ANSWER

Rs. 1,06353 crores


SOLUTION
The exports of the financial year 1995-96 was 1,06,353  crore its was due to several reasons like:
  1. Export policies : The policies which were introduced during the period were favourable to exporters.
  2. Support from the financial institutions : financial institutions like EXIM (export import bank of india) also provided financial assistance to exporters and tried to export goods, services etc to foriegn countries.
  3. Privatization : the most important reason the exports increased was private companies, delicensing etc which influenced the people to manufacture products and services and export to foriegn countries.
This were the reasons why the exports in the year 1995-96 went high.
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