Vidyalelo
Management · all questions

Foreign Trade Policy
practice.

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Which of the following is an advantage of turnkey projects?

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For which of the following sectors, the FDI cap/equity is 100%?
1. Mining including exploration and mining of diamonds
2. Defence production
3. Drugs and pharmaceuticals
4. Insurance
5. Banking
6. Power (except atomic energy)
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Which industrialisation policy have developing countries used which places emphasise on the comparative advantage principle as a guide to resource allocation?

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To comply with the requirement of TRIPS agreement and to protect products of Indian origin, which one of the following was enacted?

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A tax of 15% per imported item would be an example of a (an)

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Which of the following are included in the canalised list?
1. Seeds, plants and animals
2. Crude oil
3. Motor spirit
4. Cereals
5. Non-edible oils
6. Nitrogenous and potassic phosphatic fertilisers
7. Communication jamming equipments
8. Animal rennet
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Which of the following documents are required in export documentation?
1. Commercial invoice
2. Guaranteed remittance (GR) form
3. Certificate of measurement
4. Certificate of inspection
5. Freight declaration
6. Shipping bill
7. Consular invoice
8. Certificate of origin
9. Bill of lading
10. Mate's receipt
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The rule where by the decision maker systematically compares and evaluates all entry modes before any choiceis made is also known as

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The effect of the most favoured nation (normal trade relations) clause is to

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If a bank in India, SBI, has an account with Citibank, Newyork and another Indian Bank, Allahabad Bank wants to refer to that account while corresponding with Citibank, Newyork, the Allahabad Bank would refer to which one of the following accounts?

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The capital account consists of

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Which of the following are results of Bretton Woods's Conference?
1. Creation of IMF.
2. Creation of IBRD.
3. Fixed exchange rate system based on gold and the dollar.
4. The first Agreement on Tariffs and Trade (GATT).
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Heckscher-Ohlin theory explains international trade in terms of

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Stages of PLC include

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Match the following.
List-I (Theories of International Trade) List-II (Features)
a. Theory of reciprocal demand 1. Through specialisation, countries could increase their efficiency
b. Theory of absolute advantage 2. It emphasises the demand side as well
c. Theory of mercantilism 3. It assume that there is only one factor of production
d. Theory of comparative cost 4. Countries should export more than they import

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The Indian Government has classified importers into

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Multilateral Investment Guarantee Agency (MIGA), an affiliate of World Bank, aims to address which one of the following?

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Which of the following items are not patentable?
1. Frivolous invention or which claims anything which is dearly opposite to the natural laws.
2. Computer hardware.
3. Patent capable of being worked and some commercial utility.
4. Inventions related to method of horticulture or agriculture.
5. Food inventions.
6. Medicines, computer software, biological invention.
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Which of the following statements(s) is/are correct about WTO?
1. Belarus is not a member of WTO.
2. Ministerial Conferenceis highest decision-making body of WTO meets annually.

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Which of the following statement is not true for FIEO?

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