India's foreign trade quiz
India's Foreign Trade Quiz
Test your knowledge about India’s foreign trade landscape with our engaging quiz! Whether you are a student, professional, or just curious about trade dynamics, this quiz is designed to enhance your understanding of India's export and import practices.
Discover facts about:
- Major exporting categories
- Key trading partners
- Trade policies
- Export financing institutions
Which of the following items was not exported prior to independence?
Engineering goods
Cotton textiles
Tea
Jute
Which of the following is India’s highest exporting category?
Agri-products
Readymade garments
Gems & Jewellery
Coffee
Which of the following countries is the largest trading partner of India?
US
Uk
UAE
China
India’s share in world import is :
Less than 1%
Greater than 2%
1%
1.5%
Types of goods and services we export and import is called:
Composition of trade
Balance of trade
Direction of trade
None of these
A strategy to earn foreign exchange by promoting domestic exports and making domestic industry competitive in the international market is called:
inward looking strategy
Export promotion strategy
Outward looking strategy
None of these
Inward looking trade strategy was adopted to:
Save foreign exchange
Achieve self reliance
Protect domestic industries
All of these
Free Trade Policy refers to a policy where there is
Absent of tariff
Restriction on the movements of goods
Existence of anti-dumping policy
Encouragement for balances growth
Which one of the following institution is related to export financing and insurance?
GAIL
CBDT
ECGC
IDBI
What is the purpose of the India Brand Equity Fund?
To promote in bound tourism
To make 'Made in India' a lebel of quality
To organise trade fairs
To provide venture capital to IT sector
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