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MCQ Question
The functions of India Trade Promotion Organisation (ITPO) include:
- 1. Providing information and market intelligence to the business community
- 2. Issuing insurance policies to exporters
- 3. Financing India’s imports and exports
- 4. Providing financial guarantees to banks against the risks involved in providing credit to exporters
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MCQ Question
Export Credit Guarantee Corporation (ECGC) provides the following types of cover to the exporters?
- 1. Standard policies
- 2. Special policies
- 3. Financial guarantees
- 4. All of the above
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MCQ Question
The largest importer of agricultural products in 2008 was…?
- 1. European Union (27)
- 2. United States
- 3. Japan
- 4. China
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MCQ Question
Foreign Trade (Development and Regulation) Act, was introduced in:
- 1. 1991
- 2. 1992
- 3. 2002
- 4. 2004
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MCQ Question
Which of these is a ‘thrust sectors for exports’, as identified by the Government of India include:
- 1. Leather and Leather goods
- 2. Chemicals
- 3. Education Services
- 4. Petroleum products
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MCQ Question
APEDA is associated with:
- 1. Promotion of agriculture and improving agricultural practices
- 2. Promotion of exports of packaged products from India
- 3. Promotion of exports agricultural and processed food products
- 4. Promotion of exports of organic agricultural products from India
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MCQ Question
The state with the major share in production of leather and leather products is…?
- 1. Tamil Nadu
- 2. Kerala
- 3. Manipur
- 4. Assam
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MCQ Question
Which of these is NOT a focus product group for enhancing India’s exports to the Latin American region:
- 1. Textiles including ready-made garments, carpets and handicrafts
- 2. Engineering products and computer software
- 3. Chemical products including drugs/pharmaceuticals
- 4. Gems and jewellery
- 5. All of the above
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MCQ Question
There are 9 Commodity Boards for all EXCEPT one of the following commodities:
- 1. Coffee
- 2. Tea
- 3. Rubber
- 4. Wheat
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MCQ Question
The objectives of Foreign Trade Policy 2004-2009 were:
- 1. To double India’s percentage share of global merchandise trade by 2009; and
- 2. To act as an effective instrument of economic growth by giving a thrust to employment generation, especially in semi-urban and rural areas
- 3. Both A and B
- 4. None of the above
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MCQ Question
Which of these are the purposes of setting up EOU’s/ SEZs:
- 1. Promotion of investment – from domestic and foreign sources
- 2. Creating employment opportunities
- 3. Developing infrastructure facilities
- 4. All of the above
- 5. None of the above
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MCQ Question
Focus LAC programme lays emphasis on India’s major trading partners. The major trading partners include:
- 1. Brazil, Venezuela, Chile
- 2. Argentina, Peru, Colombia
- 3. Bahamas, Trinidad, Ecuador
- 4. All of the above
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MCQ Question
Which of these countries is NOT a part of Focus LAC programme?
- 1. Barbados
- 2. Guyana
- 3. British Virgin Islands
- 4. Fiji
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MCQ Question
An appreciation of the Rupee relative to the US Dollar would be expected to have which of the following effects?
- 1. Increase US exports to India
- 2. Increase US imports from India
- 3. Raise the cost to Americans for Indian imports
- 4. Create Balance of Payments surplus for India
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MCQ Question
Export Promotion Capital Goods (EPCG) Scheme is for:
- 1. Import of Raw Materials by Manufacturers
- 2. Import of Capital Goods by Manufacturers and Merchant Exporters
- 3. Export of Capital Goods by Manufacturers only
- 4. Export and Import of Capital Goods by merchant as well as manufacturers
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MCQ Question
Asia’s first Export Processing Zone (EPZ) was set up in:
- 1. Mumbai in 1965
- 2. Kandla in 1965
- 3. Chennai in 1965
- 4. Kolkata in 1965
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MCQ Question
Which one of the following is not a cause but a consequence of Globalisation?
- 1. Deregulation abroad
- 2. Integration of Markets
- 3. Greater institutionalization abroad
- 4. Greater Risk Exposure
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MCQ Question
Under MAI scheme, financial assistance MAY NOT be provided to:
- 1. Export Promotion Councils
- 2. All individual exporters
- 3. Registered Trade Promotion Organisation
- 4. Commodity Boards
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MCQ Question
Which of these is NOT an incentive provided to units in an SEZ?
- 1. Duty free import/domestic procurement of goods for development, operation and maintenance of units
- 2. Exemption from export commitments
- 3. Exemption from Central Sales Tax
- 4. Exemption from Service Tax
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MCQ Question
Which of the following is NOT a part of the European Union?
- 1. France
- 2. Germany
- 3. Iceland
- 4. Slovenia
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