After Independence India had favourable Balance of Trade situations for ........

Economics (CUET) Balance of Payments

After Independence, India had favourable Balance of Trade situations for:

Two times

Three times

Four times

Always

- After gaining independence, India mostly faced a negative balance of trade, which means the value of its imports was often higher than its exports.

- Even so, India did experience a trade surplus, but only on three occasions.

- This happened in the years when global economic conditions favored Indian exports, or when domestic policy changes improved trade balances.

- Such occurrences were exceptions rather than the rule and didn’t last long.

- A trade surplus reflects more exports than imports, but it's mostly been in deficit for India.

So, the correct answer is:

Option 2: Three times

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