MCQ FTP
Q1. Foreign trade policy 2015-20 has set the target of export at $.........
Billion by 2020.
(A)850 (B)875 (C)900 (D)925
Q2.Indias rank in Global Innovation Index 2016 (Estimated by World
Intellectual property Organisation) stood at-
(A) 66th (B)75th (C)80th (D) 84th
Q3. World Economic Outlook report is published by-
(A)IMF (B) World Bank (C)RBI (D)UNCTAD
Q4.Worlds Investment Report is published by-
(A)World bank (B) IMF
(C)UNCTAD (D) World Trade Organisation
Q5.Recently government allowed FDI in multibrand retail and capped
at-
(A)27% (B)49% (C) 51% (D)47%
Q6.Devalution means-
(A)To reduce the value of home currency in other currency
(B)To appreciate the value of home currency
(C)To issue new currency in place of old currency
(D) None of the above
Q7.The eighth BRICS summit held on 15-16 October,2016 in-
(A)New Delhi (B)Bengaluru (C)Goa (D)Ahmedabad
Q8.The Institution to regulate of the International Trade is-
(A)IMF (B)World Bank (C)WTO (D)IFC
Q9.Closed Economy/Autarky is that economy in which-
(A)Only export takes
(B)Money supply is fully controlled
(C)Deficit financing takes place
(D)Neither export nor import takes place
Q10.The headquarters of World Bank is situated at-
(A)Manila (B)Washington D.C. (C)New York (D)Geneva
Q11.SDR/Paper Gold is the currency of IMF which is in form of-
(A)Paper currency (B)Gold
(C)Silver and gold both (D)Book-Keeping entry only
Q12.Special Economic zone Act 2005 was passed by parliament in
May2005. This Act came into force w.e.f-
(A)January 10, 2006 (B)February 10,2006
(C)June 23, 2006 (D)July 1, 2006
Q13.TRIPS-Trade Related Intellectual property Rights and TRIMS-
Trade Related Investment measures are associate with-
(A)Preston proposal (B)Dunkel proposal
(C)Chelliah Committee (D)None of the above
Q14.Which of the following is not a regional Block the Global economic
order-
(A)ASEAN (B)SAFTA (C)WTO (D)NAFTA
Q15.Dunkel Draft was-
(A)Associated with Uruguay round -punta del este
(B)Related to atomic treaty among nations
(C)Related to Super 301
(D)Related to promoting drugs trade
Q16.India is not member of
(A)G-15 (B)UNO (C)ASEAN (D)Commonwealth
Q17.Which of the following Organisation provides guarantee to
exporters-
(A)EXIM Bank (B)Export Loan/Credit Guarantee corporation ECGC
(C) RBI (D)Commerce Ministry
Q18.In WTOs report of 2016 , India Stands at .rank in the list of
top 30 importer nations of the world-
(A)12th (B)13th (C)14th (D)15th
Q19.First Export promotion Zone (EPZ) in private sector was established
at-
(A)Kandla (B)Vishakhapatnam (C)Noida (D)Surat
Q20.IMF is the result of
(A)Hawana Conference (B)Rome Conference
(C)Brettonwood Conference-1944 (D)Geneva Conference
21) hq of OPEC ?-Vienna
22) What is Open Sky Scheme?-Export promotion of civil aviation
23) Global Competitive Index 2016 -_Hongkong
24) FDI limit in Civil Aviation -100%
25) Indias share in world trade in 2014 x 1.69 and m 2.43
26) Indias in export and import in value in 2015-16
261 b $ exports and 380 b $ imports ( trade deficit 119b $
27) 2 years of favourable balance of trade
Ans 1972-73 and 1976-77
28) Top 5 import destination of India 2015-16?
1) China 2) S Arabia 3) UAE 4) Switzerland 5) USA
29) Top 5 export destination of India 2015-16?
30) AEZ
31) India service export in 2014-15? 155 b $
32) In WTOs report of 2016 , India Stands at .rank in the list of
top 30 exporter nations of the world-
(A)12th (B)13th (C)14th (D)19th
33) MEIS
34) SEIS
35) EPCG
36) 2009-14 policy FPS and FMS
37) What is Openness to Trade ?
38) Convertibility of Rupee ? Current and Capital A/c and Tarapore
Committee
39) FDI and FPI (FII) and sectors
40) ADR and GDR ?
41) SEZ in India and impact on trade
42) BRICS
43) World largest recipient of remittances ?India 69 B $
44) FDI in various sectors .
45) Forex reserves of India
