Foreign Trade Quiz for bank exams

Foreign Trade Quiz for bank exams  Questions and answers Quiz Online practice set for Bank exams IBPS ,IBPS,SBI Clerk PO ,SSC and USC Exams Preparation Practice

Foreign Trade Quiz for bank exams 1

1 .The new EXIM policy announced in 1992, is for a period of ?
A.  3 years
B.  4 years
C.  7 years
D.  5 years
E.  None of these
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2 .The commodities are exported to India by arid and semi-arid countries in the Middle East ?
A.  Raw wool and carpets
B.  Fruits and palm oil
C.  Stones and pearls
D.  perfume and coffee
E.  None of these
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3 .The earlier name of WTO was ?
A.  UNCTAD
B.  GATT
C.  UNIDO
D.  OECD
E.  None of these
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4 .'World Development Report' is an annual publication of ?
A.  UNDP
B.  IBRD
C.  WTO
D.  IMF
E.  None of these
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5 .India has the maximum volume of foreign trade with ?
A.  USA
B.  Japan
C.  Germany
D.  UAE
E.  None of these
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6 .In the last one decade, which one among the following sectors has attracted the highest FDI inflows into India ?
A.  Chemicals
B.  Services sector
C.  Food processing
D.  Telecommunication
E.  None of these
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7 .Participatory notes (PNs) are associated with which one of the followings ?
A.  Consolidated food
B.  Foreign Institutional Investors
C.  UNDP
D.  Kyoto protocal
E.  None of these
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8 .What is the purpose of India Brand-Equity Fund ?
A.  To promote in bound tourism
B.  To make 'Made in India' a label of quality
C.  To organise trade fairs
D.  To provide venture capitals to IT sector
E.  None of these
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9 .A trade policy consists of :
A.  Export-Import Policy
B.  Licencing policy
C.  Dumping
D.  Double pricing
E.  None of these
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10 .FERA in India has been replaced by ?
A.  FEPA
B.  FEMA
C.  FENA
D.  FETA
E.  None of these
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11 .TRIPS and TRIMS are the term associated with ?
A.  IMF
B.  WTO
C.  IBRD
D.  IDA
E.  None of these
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12 .SEZ act was passed by the parliament in the year ?
A.  2004
B.  2005
C.  2006
D.  2007
E.  None of these
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13 .Which is known as the 3rd pillar in international economics relations ?
A.  IMF
B.  World Bank
C.  WTO
D.  GATT
E.  None of these
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14 .Which of the followings given countries are the new members of WTO ?
A.  Tajkisthan and Laos
B.  Russia and Vanauto
C.  Combodia and Myanmar
D.  Kenya and Burundi
E.  None of these
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15 .How many members recently in WTO ?
A.  158
B.  159
C.  160
D.  161
E.  None of these
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16 .During 2016, India's foreign direct investment (FDI) grew ___________ data released by the Department of Industrial Policy and Promotion (DIPP).
A.  16%
B.  18%
C.  17%
D.  12%
E.  None of these
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17 .According to a report released by Stockholm International Peace Research Institute (SIPRI). Which of the following countries is the world's largest importer of major arms during 2012-16.
A.  China
B.  pakistan
C.  India
D.  Saudi Arabia
E.  None of these
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18 .The United Nations Commission on International Trade Law (UNCITRAL), celebrated its golden jubilee in New Delhi last year. Where is the headquarter of UNCITRAL?
A.  Paris
B.  Vienna
C.  Geneva
D.  London
E.  None of these
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19 .India on November 18, 2016 signed a new double tax avoidance pact with which country?
A.  UK
B.  Oman
C.  Cyprus
D.  Saudi Arabia
E.  None of these
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20 .Which country has recently become the top crude oil supplier to India?
A.  Saudi Arabia
B.  Iraq
C.  Bangladesh
D.  Iran
E.  None of these
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21 .With which country India has signed an agreement on February 14, 2017 to boost bilateral trade and enhance economic cooperation?
A.  Croatia
B.  Hungary
C.  Serbia
D.  Germany
E.  None of these
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22 .During the first half of 2016-17 telecom sector gets $ .....foreign direct investment (FDI).
A.  2.78 billion
B.  2.98 billion
C.  3.20 billion
D.  3.41 billion
E.  None of these
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23 .Which of the following sectors got the maximum FDI inflow during April-September period of 2016-17?
A.  Trading
B.  Computer hardware & softwear
C.  Automobiles
D.  Telecom
E.  None of these
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24 .Who inaugurated India International Trade Fair 2016 in Delhi?
A.  PM Narendra Modi
B.  President Pranab Mukherjee
C.  Rajnath singh
D.  Arvind Kejirwal
E.  None of these
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