Balance of Payment and Foreign Investments

Balance of Payment and Foreign Investments
Order 5912345
Balance of Payment and Foreign Investments
1. The export and import of goods
between two countries is called
(a) international relation
(b) international trade
(c) international forum
(d) All of the above
2. International trade and domestic trade
differ because
(a) different government policies
(b) immobility of factors
(c) trade restrictions
(d) All of the above
3. The process of imports begins from
[UPPSC 2011]
(a) indent (b) ship’s bill
(c) ocean policy (d) matter receipt
4. Which one of the following items has
gained the highest growth rate in the
import composition of the Indian
economy in the last decade?
(a) Pearls, precious and semiprecious
stones
(b) Gold and silver
(c) Oil-cake and other solid residues
(d) None of the above
5. Among the agricultural commodities
imported by India, which one of the
following accounts for the highest
imports in terms of value in the last five
years? [IAS (Pre) 2019]
(a) Spices (b) Fresh fruits
(c) Pulses (d) Vegetable oils
Balance of Payment and Foreign Investments
6. TRIPS agreement pertains to [CDS 2017]
(a) international tariff regime.
(b) intellectual property protection.
(c) international practices on trade
facilitation.
(d) international taxational of property.
7. Which one of the following countries
has the highest export-import ratio of
the international trade of India in the
last five years?
(a) UAE (b) China
(c) United States (d) Japan
8. Which one of the following countries
has the highest share in the World
Export among the Asian countries?
(a) South Korea (b) Singapore
(c) India (d) China
9. Which one of the following countries
has the highest share of composition
of exports of agriculture and allied
products by major markets in the
world?
(a) United States
(b) EU
(c) China
(d) India
10. Which one of the following items has
the highest share of India in the World
Exports?
(a) Coffee, tea, mate, spices etc
(b) Pearls, precious stones, metals,
coins , etc
(c) Lac, gums, resins, vegetable saps
and extracts etc
(d) Vegetable plainting materials,
vegetable products etc
Balance of Payment and Foreign Investments
11. Which one of the following areas is the
main aim of ASIDE Scheme started by
Indian Government? [IAS (Pre) 2010]
(a) To facilitate the import in the country.
(b) To encourage the export.
(c) To facilitate the movement of
expotriates.
(d) None of the above
12. Which one of the following continents
accounts for the maximum share of
exports from India? [NDA/NA 2015]
(a) Asia
(b) Europe
(c) Africa
(d) North America
13. Which one of the following export items
of India has the highest share in the
world in the last five years?
(a) Diamonds
(b) Oil-cake and other solid residues
(c) Ferro-alloys
(d) Footwear with outer soles of rubber,
plastic and leather
14. Which of the following is not true for
South Asian Free Trade Area (SAFTA)?
(a) It is a step towards a South Asian
customs union and common market.
(b) The agreement came into effect in
2006.
(c) The SAFTA is a trade liberalisation.
(d) The SAFTA agreement takes
precedence over any other
agreement a member country may
have with state outside SAFTA.
15. Which of the following theories form the
basis of international trade?[CDS 2014]
I. Absolute cost differences
II. Comparative cost difference
III. Opportunity cost
Select the correct answer using the
codes gven below.
(a) Only I
(b) Only II
(c) I and II
(d) I, II and II
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