Comment on the following statements; (a) High taxes and other disincentives have often choked the expansion of the electronics industry. (b) Over the past few years the rapidly expanding role of services in the total exports has transformed the growth of Indian economy. (c) The Indo-US trade and economic cooperation received a significant boost in recent years. (d) India has always enjoyed a favourable trade balance with SAARC countries.

Comment on the following statements;
(a) High taxes and other disincentives have often choked the expansion of the electronics
industry.
(b) Over the past few years the rapidly expanding role of services in the total exports has
transformed the growth of Indian economy.
(c) The Indo-US trade and economic cooperation received a significant boost in recent
years.
(d) India has always enjoyed a favourable trade balance with SAARC countries.

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