Which of the following was not one of the reasons why India had a favourable bal

Question

Which of the following was not one of the reasons why India had a favourable balance of trade with the West?

Options:

A . Import of gold by India in return for her exports

B . Imports of coins by India

C . Better business sense of Indian traders

D . Great demand for Indian luxury goods

Answer: Option C
Answer: (c)

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