Iibm - Indian Foreign Trade

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Indian Foreign Trade

Part One:

Q1. Which of the following is NOT an initiative for attracting a higher Quantum of FDI?

a. Further Liberalization of Foreign Trade Policy

b. Rationalisation of Labour Policy

c. Development of Infrastructure

d. Increase in Joint ventures

Q2. ECB stands for ______________________________

Q3. The textile and garment exports have been affected due to __________________

Q4. _____ is a popular export inductive scheme.

Q5. To overcome many of the problems associated with the advance licensing system this scheme was introduced

a. Passbook Scheme

b. EPGC Scheme

c. Post Export Duty Exemption Scheme

d. Duty Drawback Scheme

Q6. Which of the following is a potential Export product

a. Automobile Products c. Agricultural Products

b. Leather Products d. Engineering Products

Q7. To give a special trust for export of computer software which of the following scheme was developed

a. DEPB Scheme

b. EPCG Scheme

c. EOU/EPI Scheme

d. Duty Exemption scheme

Q8. It is a bilateral agreement between two countries to purchase specific amounts of each other’s products over a specified period of time

a. Swap

b. Switch

c. Clearing

d. Evidence Accounts

Q9. TRIPS stands for ____________________________

Q10. Foreign Investment Promotion Board does not consist which of the following member

a. Secretary Minister of External Affairs

b. Industry Secretary – Chairman

c. Foreign Investment Minister

d. Finance Secretary

Part Two:

Q1. Write a short note on ‘Globalisation’?

Q2. Differentiate between Current Account Convertibility and Capital Account Convertibility?

Q3. Define ‘Deemed Exports’?

Q4. Discus the measures announced in the Union Budget 1990 – 00 for Trade Policy...