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Topics/Economics/External Sector

International Trade

85 questions

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The long-term vision of the Department of Commerce is to make India a major player in the world trade by:

United States 2. Bangladesh 3. United Kingdom 4. Australia 5. Canada 81. The city which has been selected by a famous International Magazine 'Travel and Leisure' in its survey 2009 as the best city from tourism point of view in the world is :

In 2011-12, data of external trade of India reached at about :

(a) Rs. 71,000 crore
(b) Rs. 81,000 crore
(c) Rs. 91,000 crore
(d) Rs. 101,000 crore

Which of the following statements is correct about 'India's Trade Gross Domestic Product' ratio?

(a) India's Trade GDP ratio has been more than 50% since 2000
(b) India's Trade GDP ratio was minimum in 2007
(c) India's Trade GDP ratio was 46.02% in 2019
(d) India's Trade GDP ratio in 2019 was less than 2018 by nearly 3.4%

India's total merchandise trade as a percentage of GDP has increased from 29.5% in 2004-05 to what percentage in 2012-13?

The combined share of exports and imports of goods was 14.2 percent of GDP in 1990-91. In 2011-12 this share became :

The exports of goods and services from India as a percentage of India's GDP in 2010-11 was :

In 1950, India's share in global exports was 1.85 per cent, but today it is :

Which country has the largest share in international trade?

Which one of the following regions has emerged as the largest International Trade Partner (Export and Import) of India in 2008-09?

With which of the following groups of countries India has the largest import trade?

In 2011 which two countries accounted for the largest share percent in India's total trade with rest of the world?

Which of the following countries is India's largest trading partner?

(a) UK
(b) USA
(c) Canada
(d) Japan

Among the following countries India's trade balance surplus is maximum with which country in 2019-20?

The largest part of India's import (in value) comes from:

The largest part of India's export (in value) goes to :

In the year 2009-10, which of the following countries accounted for largest share in exports from India?

In India's total exports, the share of United States of America is :

(a) 30 percent
(b) 25 percent
(c) 20 percent
(d) 15 percent

Assertion (A): India's trade deficit, after reaching the highest level in the year 2012-13 registered continuous decline since 2013-14. Reason (R): There was a general decline in both P.O.L. and Non-P.O.L. deficits since 2013-14. Codes:

Which of the following is included in Balance of Trade?

Net export equals to :

Term ‘Balance of Payment’ is used in relation to which of the following ?

Balance of payment includes :

Given below are two statements, one labelled as Assertion (A) and the other as Reason (R). Assertion (A): When the payments made by a country exceeds its receipts from trade of goods, services, transfer and net income, is called Current Account Deficit (CAD). Reason (R): Current Account Deficit (CAD) occurs when a country exports more goods, services and capital. Choose the correct answer from the code given below. Code :

Which of the following items is most significant item of Indian imports in terms of value at present?

Two largest items of import in India in recent years are :

In the year 2004-05, following groups had important share in India's imports : 1. Fuel 2. Capital Goods 3. Gold and Silver 4. Chemicals Arrange the aforesaid items in descending order in terms of their percentage share and choose your answer with the help of given codes : Code :

The biggest LNG supplier to India is :

Goods imported at Haldia Port is :

(a) Fish
(b) Heavy Machinery tools
(c) Steel
(d) Petroleum products

Import procedure begins with :

A Letter of Credit has to be produced by :

Which of the following items had the largest share in India's export in the year 2004-05?

Which of the following commodities has highest export from India in 2017?

The largest contribution to the export earnings of India comes from the export of :

Which one of the following constitutes the single largest export item from India?

The largest percentage share in India's export trade is of :

As per 2010 statistics, percentage share of gems and jewellery in India's export is around :

The rank of India in World Textile Exports is :

The largest importer country of Indian textiles is :

Which of the following States contributed maximum to India's exports in dollar terms in 2007-08 and 2008-09:

The largest quantity of steel was exported by India in 2003-04 to :

India export maximum leather to :

In which of the years given below growth rate of Indian exports was highest?

India became the largest exporter (2015) of rice, replacing which of the following countries?

The largest tea exporting country of the world is:

The largest producer and exporter of long staple cotton in the world is :

(a) Egypt
(b) India
(c) USA
(d) China

Which of the following services was the largest foreign exchange earner for India in the year 2007-08 and 2008-09?

Invisible Export means export of :

Entrepot trade means :

A tariff :

Duty-Draw-Back implies :

What is/are the cause/s of slow progress of India's export?

The objective of the new Foreign Trade Policy is to increase India's share in the World Trade by 2009 to :

The registered exporters, whose export performance in several years is of high quality, are known as :

Which one of the following has not been named as 'Towns of Excellence' for exports up to March, 2014?

(a) Panipat
(b) Ludhiana
(c) Tirupur
(d) Madurai

The process of Globalization refers to :

Globalization of Indian Economy means :

Which one of the following statements about 'Globalization' is not correct?

Encouraging more multinational companies in India is to promote the policy of:

Which of the following has/have occurred in India after its liberalization of economic policies in 1991? 1. Share of agriculture in GDP increased enormously. 2. Share of India's exports in world trade increased. 3. FDI inflows increased. 4. India's foreign exchange reserves increased enormously. Select the correct answer using the codes given below:

Free Trade Policy refers to a policy where there is :

Free Trade Zones have been established in India for the :

In India, Special Economic Zone policy was announced in :

Special Economic Zone (SEZ) Act became effective in:

Which one of the following is not the objective of SEZs (Special Economic Zones)?

Which one of the following cities does not have the Special Economic Zone :

(a) Chennai
(b) Kandla
(c) Kochi
(d) Surat

India's first Export Processing Zone (EPZ) was created in:

Consider the following statements : 1. India's first EPZ was set up in 1965. 2. Special Economic Zone (SEZ) policy in India was formulated in 2000. 3. Vadodara is famous for Patola Silk. 4. Panna in Madhya Pradesh is famous for gold mines. Of these statements :

The first Export Processing Zone of the Private Sector was established at :

In relation to the previous year, growth rate in exports from the functioning of Special Economic Zones was highest in which year?

Which of the following States has the largest no. of approved as well as operational Special Economic Zones as on June 2012?

SEZ India mobile app has been launched in January, 2017 by :

Which among the following organizations are responsible for channelizing export and import of India: I. Mineral and Metal Trading Corporation II. Exim Bank III. State Trading Corporation IV. Food Corporation of India Select the correct answer from the code given below: Code:

In which year the Export-Import (EXIM) Bank of India was set up?

Which organization promotes the foreign trade?

ECGC is related to :

India Brand Equity Fund was established in :

With reference to the Marine Products Export Development Authority (MPEDA), which of the following statement/s is/are correct? 1. MPEDA was established in 1972. 2. It is headquartered in Kolkata. Select the correct answer using the code given below : Code :

According to the 2006 Report of World Tourism Organization, maximum tourists visited that year to :

Which of the following countries was the most favourite (in terms of total number of visitors) destination of Indian tourists in the year 2010?

In which of the following years, Foreign Tourist Arrivals (FTAs) had registered decline over the previous year in the country?

Nathu La was reopened in 2006 for trans-border trade between India and :

Which country among the following used maximum number of anti-dumping measures during 1995-2005?

Super '301' is related to :

With reference to the India International Trade Fair-2021, which of the following statements is/are correct? 1. It was organised in November 2021 at Jaipur, Rajasthan. 2. Main theme of the event was 'Atmanirbhar Bharat'. Select the correct answer from the code given below : Code :