Official Answer Key & Detailed Solution
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Correct Answer: Option (C) — 2, 1, 3, 4, 5
Concept & Option Breakdown
Standard Reference VerifiedAccording to India's foreign trade statistics for 1994–95, the value of imports in descending order was:
- Petroleum (crude and products)
- Capital goods (machinery and equipment)
- Pearls and precious stones
- Chemicals
- Iron and Steel
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