Question 1

Foreign investment inflows help to mitigate the pressure on the overall

Accepted Answer

A) Balance of Trade 
B) Balance of Payments 
C) International trade 
D) Fiscal deficit 
A) Balance of Trade 
B) Balance of Payments 
C) International trade 
D) Fiscal deficit B

Question 2

The slow growth of exports during 2004-2007 was the result of

Accepted Answer

A) The depreciation of rupee against dollar 
B) The appreciation of rupee against dollar 
C) Increased in the general price level 
D) None of the above 
A) The depreciation of rupee against dollar 
B) The appreciation of rupee against dollar 
C) Increased in the general price level 
D) None of the above B

Question 3

The full form of EXIM is

Accepted Answer

A) Exchange and Import 
B) Export-Import 
C) Exported and Imported 
D) None of the above 
A) Exchange and Import 
B) Export-Import 
C) Exported and Imported 
D) None of the above B

Question 4

During the period of the first Five-Year Plan, India's imports mainly consisted of

Accepted Answer

A) Silver 
B) Foodgrains 
C) Pharmaceuticals 
D) None of the above 
A) Silver 
B) Foodgrains 
C) Pharmaceuticals 
D) None of the above

Question 5

India figures among the top ….global exporters and importers of services.

Accepted Answer

A) Five 
B) Seven 
C) Ten 
D) Twenty 
A) Five 
B) Seven 
C) Ten 
D) Twenty

Question 6

The overall exports of India (merchandise and service) during April-May 2019-20 are estimated to have a positive growth over the same period last year is

Accepted Answer

A) 2.32 % 
B) 3.32% 
C) 4.32% 
D) 5.32% 
A) 2.32 % 
B) 3.32% 
C) 4.32% 
D) 5.32%

Question 7

The net terms of trade refers to

Accepted Answer

A) The ratio of unit value index of imports to unit value index of imports. 
B) The ratio of unit value of a commodity to per capita income 
C) The ratio of unit value of a commodity of domestic country to the unit value of a commodity of foreign countries 
D) The ratio of unit value of domestic exports to the unit value of foreign exports 
A) The ratio of unit value index of imports to unit value index of imports. 
B) The ratio of unit value of a commodity to per capita income 
C) The ratio of unit value of a commodity of domestic country to the unit value of a commodity of foreign countries 
D) The ratio of unit value of domestic exports to the unit value of foreign exports

Question 8

Since 1950, India's foreign trade has undergone important changes signifying that it has entered into

Accepted Answer

A) Unilateral trade 
B) Bilateral trade 
C) Multilateral trade 
D) None of the above 
A) Unilateral trade 
B) Bilateral trade 
C) Multilateral trade 
D) None of the above

Question 9

The huge trade deficit India experienced during the 1980s was mainly due to

Accepted Answer

A) Slow growth of exports and fast rise in imports 
B) Slow growth of imports and fast rise of exports 
C) Increased in defence expenditure 
D) Inflation 
A) Slow growth of exports and fast rise in imports 
B) Slow growth of imports and fast rise of exports 
C) Increased in defence expenditure 
D) Inflation

Question 10

According to Exports data during 2011-12 (April-June), country with the largest importer of Indian goods was

Accepted Answer

A) UAE 
B) China 
C) Indonesia 
D) Europe 
A) UAE 
B) China 
C) Indonesia 
D) Europe

Question 11

Which of the following is not a part of capital account?

Accepted Answer

A) Lending to foreign countries 
B) Direct investments in foreign countries 
C) Transfer payments 
D) None of the above 
A) Lending to foreign countries 
B) Direct investments in foreign countries 
C) Transfer payments 
D) None of the above

Question 12

During the period of 1950-51, the traditional exports like tea, jute and cotton textiles formed

Accepted Answer

A) 45 per cent of the total exports 
B) 50 per cent of the total exports 
C) 55 per cent of the total exports 
D) 60 per cent of the total exports 
A) 45 per cent of the total exports 
B) 50 per cent of the total exports 
C) 55 per cent of the total exports 
D) 60 per cent of the total exports

Question 13

Which of the following is an export item/items that shows a positive growth in May 2019?

Accepted Answer

A) Fertilizers 
B) Vegetable oils 
C) Transport equipment 
D) Drugs & Pharmaceutical 
A) Fertilizers 
B) Vegetable oils 
C) Transport equipment 
D) Drugs & Pharmaceutical

Question 14

Which of the following an import item/items that shows a negative growth in May 2019?

Accepted Answer

A) Vegetable oils 
B) Drugs & Pharmaceutical 
C) Engineering goods 
D) Electronic goods 
A) Vegetable oils 
B) Drugs & Pharmaceutical 
C) Engineering goods 
D) Electronic goods

Question 15

Which of the following manages and monitors India's foreign exchange rate in order to correct deficit in BoP?

Accepted Answer

A) The Reserve Bank of India 
B) The Government of India 
C) The Securities and Exchange Board of India 
D) The Ministry of External Affairs 
A) The Reserve Bank of India 
B) The Government of India 
C) The Securities and Exchange Board of India 
D) The Ministry of External Affairs

Question 16

The top two countries that remain the top sources of FDI to India during 2017-19 are

Accepted Answer

A) Singapore and Mauritius 
B) USA and Brazil 
C) France and Britain 
D) Bangladesh and Nepal 
A) Singapore and Mauritius 
B) USA and Brazil 
C) France and Britain 
D) Bangladesh and Nepal

Question 17

As per the latest press release by the RBI dated 14th June, 2019, imports in April 2019 registered a positive growth of

Accepted Answer

A) 2.46 % 
B) 3.46 % 
C) 4.46 % 
D) 5.46 % 
A) 2.46 % 
B) 3.46 % 
C) 4.46 % 
D) 5.46 %

Question 18

The BoP situation does not deteriorate so long as

Accepted Answer

A) The primary deficit is under control 
B) The trade deficit is under control 
C) The fiscal deficit is under control 
D) Monetary deficit is under control 
A) The primary deficit is under control 
B) The trade deficit is under control 
C) The fiscal deficit is under control 
D) Monetary deficit is under control

Question 19

India's foreign trade policy during the late 1950s was often termed as

Accepted Answer

A) Import pessimism 
B) Export pessimism 
C) Import optimism 
D) Export optimism 
A) Import pessimism 
B) Export pessimism 
C) Import optimism 
D) Export optimism

Question 20

The widening of the Current Account Deficit during 2018-19 was on account

Accepted Answer

A) A higher trade deficit 
B) A lower trade deficit 
C) A higher fiscal deficit 
D) A lower fiscal deficit 
A) A higher trade deficit 
B) A lower trade deficit 
C) A higher fiscal deficit 
D) A lower fiscal deficit

Foreign investment inflows help to mitigate the pressure on the overall

The slow growth of exports during 2004-2007 was the result of

The full form of EXIM is

During the period of the first Five-Year Plan, India's imports mainly consisted of

India figures among the top ….global exporters and importers of services.

The overall exports of India (merchandise and service) during April-May 2019-20 are estimated to have a positive growth over the same period last year is

The net terms of trade refers to

Since 1950, India's foreign trade has undergone important changes signifying that it has entered into

The huge trade deficit India experienced during the 1980s was mainly due to

According to Exports data during 2011-12 (April-June), country with the largest importer of Indian goods was

Which of the following is not a part of capital account?

During the period of 1950-51, the traditional exports like tea, jute and cotton textiles formed

Which of the following is an export item/items that shows a positive growth in May 2019?

Which of the following an import item/items that shows a negative growth in May 2019?

Which of the following manages and monitors India's foreign exchange rate in order to correct deficit in BoP?

The top two countries that remain the top sources of FDI to India during 2017-19 are

As per the latest press release by the RBI dated 14th June, 2019, imports in April 2019 registered a positive growth of

The BoP situation does not deteriorate so long as

India's foreign trade policy during the late 1950s was often termed as

The widening of the Current Account Deficit during 2018-19 was on account

Theories and Concepts in International Trade

Understanding International Trade Theories and Terms

Understanding Terms of Trade and Trade Gains Theory

Understanding Tariffs and Trade Policies

Understanding Tariffs and Quotas in International Trade

International Finance and Balance of Payments

Indias Balance of Payments and Foreign Trade: Part A

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Exam 8: Indias Balance of Payments and Foreign Trade: Part B

Foreign investment inflows help to mitigate the pressure on the overall

The slow growth of exports during 2004-2007 was the result of

The full form of EXIM is

During the period of the first Five-Year Plan, India's imports mainly consisted of

India figures among the top ….global exporters and importers of services.

The overall exports of India (merchandise and service) during April-May 2019-20 are estimated to have a positive growth over the same period last year is

The net terms of trade refers to

Since 1950, India's foreign trade has undergone important changes signifying that it has entered into

The huge trade deficit India experienced during the 1980s was mainly due to

According to Exports data during 2011-12 (April-June), country with the largest importer of Indian goods was

Which of the following is not a part of capital account?

During the period of 1950-51, the traditional exports like tea, jute and cotton textiles formed

Which of the following is an export item/items that shows a positive growth in May 2019?

Which of the following an import item/items that shows a negative growth in May 2019?

Which of the following manages and monitors India's foreign exchange rate in order to correct deficit in BoP?

The top two countries that remain the top sources of FDI to India during 2017-19 are

As per the latest press release by the RBI dated 14th June, 2019, imports in April 2019 registered a positive growth of

The BoP situation does not deteriorate so long as

India's foreign trade policy during the late 1950s was often termed as

The widening of the Current Account Deficit during 2018-19 was on account

Theories and Concepts in International Trade

Understanding International Trade Theories and Terms

Understanding Terms of Trade and Trade Gains Theory

Understanding Tariffs and Trade Policies

Understanding Tariffs and Quotas in International Trade

International Finance and Balance of Payments

Indias Balance of Payments and Foreign Trade: Part A

Filters