Top 80+ Solved Industries, Infrastructure and Foreign Trade MCQ Questions Answer
Q. Which of the following pairs are correctly matched? [IAS 2005] Enterprise Industrial Group 1. VSNL : Bharati Group 2. Mundra Special Economic Zone Ltd. : Adani Group 3. CMC Ltd. : Tata Group 4. IPCL : Reliance Group Select the correct answer using the codes given below:
a. 1, 2 and 3
b. 3 and 4
c. 1, 2 and 4
d. 2, 3 and 4
Q. Which of the following authority sanctions foreign exchange for the import of goods?[UP PCS 2011]
a. Any Nationalised Bank
b. Exchange Bank
c. Reserve Bank of India
d. Ministry of Finance
Q. Which organisation promotes the foreign trade? [UP PCS 2011]
a. ECGC
b. MMTC
c. STC
d. All of these
Q. Import substitution implies [Asstt Commdt 2011]
a. importing new items in place of old items of import
b. gradual reduction of imported goods to save foreign exchange
c. increasing domestic supply of goods by imposing import restrictions
d. replacing import items by domestic production of such items
Q. Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)? 1. The Government intends to use the revenue earned from the disinvestment mainly to pay back the external debt. 2. The Government no longer intends to retain the management control of the CPSEs. Which of the statements given above is/are correct? [CSAT 2011]
a. 1 only
b. 2 only
c. Both 1 and 2
d. Neither 1 nor 2
Q. Both Foreign Direct Investment (FOI) and Foreign Institutional Investor (FII) are related to investment in a country. Which one of the following statements best represents an important difference between the two? [CSAT 2011]
a. FII helps bring better management skills and technology, while FDI only brings in capital
b. FII helps in increasing capital availability in general, while FDI only targets specific sectors
c. FDI flows only into the secondary market, while FII targets primary market
d. FII is considered to be more stable than FDI
Q. Which one among the following statements is correct? [CDS 2012]
a. Due to border problems, India's trade with China did not register a quantum jump between the years 2001·2010
b. The stand-off between India and China on Pakistan and Arunachal Pradesh did not let India's trade to grow with China in the years 2001-2010 as much as it grew in the years 1991- 2001
c. While India-China trade has registered a quantum jump between the years 2001-2010, both the countries have ensured parity of trade
d. In spite of border problems, India's trade with China registered a quantum jump during the years 2001-2010
Q. Sickness of small units can be because of the factors: 1. under-utilisation of capacity 2. non-payment by the large firms 3. dependence on borrowed funds 4. lack of management expertise
a. 1, 2 and 3
b. 2, 3 and 4
c. 1, 2 and 4
d. 3 and 4
Q. "Sunrise Industries" are Industries:
a. which are well-developed and have ample scope for further development
b. which improve export performance of the country
c. which are small-scale industries
d. which have high growth potential and meet further requirements of the economy
Q. Arbitrage implies:
a. practice of taking advantage of rice difference in two markets
b. the practice of under invoicing exports
c. the practice of dumping viz., selling goods in a foreign market cheaper than the home market
d. the practice of over-invoicing imports
Q. Sector-wise, maximum employment in the public sector is in :
a. electricity, gas and water
b. community, social and personal services
c. finance, insurance and real estate
d. transport, storage and communication
Q. Which one among the following is not true for Special Economic Zones? [CDS 2011]
a. No licence is required for import
b. Manufacturing and service activities are allowed
c. No permission for subcon- tracting
d. No routine examination of cargo for export/import by customs authorities
Q. The biggest Public Sector undertaking in the country is ____ [Corporation Bank PO 2011]
a. Iron & steel plants
b. Roadways
c. Railways
d. Airways