Unique Academic Board Solutions for Chapter: Foreign Trade, Exercise 1: Self-Evaluation Test
Unique Academic Board General Knowledge/General Awareness Solutions for Exercise - Unique Academic Board Solutions for Chapter: Foreign Trade, Exercise 1: Self-Evaluation Test
Attempt the practice questions on Chapter 8: Foreign Trade, Exercise 1: Self-Evaluation Test with hints and solutions to strengthen your understanding. Indian Economy Economic & Social Development solutions are prepared by Experienced Embibe Experts.
Questions from Unique Academic Board Solutions for Chapter: Foreign Trade, Exercise 1: Self-Evaluation Test with Hints & Solutions
Which of the following are the Components of Current Account?
1. Export and Import of Goods
2. Export and Import of Services
3. Unilateral transfer from abroad
4. Income receipts and payments to and from abroad
Choose the correct code:
Consider the following sectors:
1. Atomic Energy
2. Lottery Business
3. Gambling and Betting
4. Business of Chit Fund
5. Nidhi Company
In which of the above sectors, Foreign Direct Investment (FDI) is allowed under Automatic Route?
Consider the following statements in the context of Free Trade Agreement (FTA) and Preferential Trade Agreement (PTA):
1. In a Preferential Trade Agreement (PTA), there is a positive list of products on which duty is to be reduced.
2. In Free Trade Agreement (FTA), there is a negative list on which duty is not reduced or eliminated.
Which of the above statement(s) is/are correct?
Consider the following:
1. Investments to and from abroad
2. Change in Foreign Exchange Reserve
3. Borrowings and lending to and from abroad
Which of the above Component(s) is/are the part of Capital Account?
Consider the following:
1. Generate economic development.
2. Encourage Foreign Direct Investments (FDI).
3. Foster the establishment of industrial clusters.
Which of the above is/are the objective(s) of setting up of Special Economic Zones (SEZ) in India?
Consider the following:
1. Mutual Funds
2. Equity Shares
3. Corporate Debt instrument
Qualified Foreign Investors (QFls) are allowed to invest in which of the above segments of the capital market in India?
Consider the following statements in the context of the Special Economic Zone:
1. SEZ is a specifically delineated enclave and is deemed to be foreign territory for the purposes of trade, duties and tariffs.
2. The Special Economic Zone (SEZ) policy in India first came into inception in the year 2000.
Which of the above statement(s) is/are NOT correct?
Consider the following statements in the context of the difference between Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI):
1. While FDI investors assume an active role in the management of the enterprises, FPI investors play a passive role.
2. While FDI investors invest in financial and non-Foreign Trade financial assets, the FPI investors invest in financial assets only.
3. While the repatriation of the FDI is difficult, the FPI investment can have overnight repatriation.
Which of the above statement(s) is/are correct?
