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UPSC 2011: In terms of economy, the visit by foreign nationals to witness the XIX Commonwealth Games in India amounted to
(a)Export
(b)Import
(c)Production
(d)Consumption
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Not attemptedCorrect Answer: (a) Export
When foreign tourists come to India and spend on hotels, transport, etc., India supplies a service to non-residents and earns foreign exchange. In BOP terminology this is classified as an ‘invisible export’ (export of services). It is therefore neither an import, nor domestic production or consumption by residents.
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Frequently Asked Questions
What is the correct answer to this UPSC 2011 Indian Economy question?▼
The correct answer is option (a): Export. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this External Sector & Balance Of Payments question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2011, GS Paper 1, as Question 6. It falls under Indian Economy > External Sector & Balance Of Payments.
What is the difficulty level of this UPSC question?▼
This question is rated "easy". It tests basic recall and most well-prepared aspirants should answer it correctly.
How many UPSC Prelims questions have been asked from External Sector & Balance Of Payments?▼
UPSC has asked 49 questions from External Sector & Balance Of Payments (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.