UPSC Civil Services 2016 Prelims General Studies Paper I

Question : 50 of 100

Marks: +1, -0

Which of the following best describes the term 'import cover', sometimes seen in the news?

It is the ratio of value of imports to the Gross Domestic Product of a country
It is the total value of imports of a country in a year
It is the ratio between the value of exports and that of imports between two countries
It is the number of months of imports that could be paid for by a country's international reserves

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