UNIT 8 & 9 IE AND IFS

What does Foreign Trade Policy refer to?

• Economic imports
• Export-import activity
• Monetary policy
• Trade restrictions
• Foreign exchange rates

Prior to 1991, what were the restrictions on foreign investment in India?

• Low taxes
• High tariffs
• Quantitative restrictions
• No restrictions
• Foreign exchange controls

Which initiative is associated with FTP 2015-20?

• Make in India
• Skill India
• Swachh Bharat
• Digital India
• Clean Energy

What was the target set by FTP for India's merchandise and services exports by 2019-20?

• $465 billion
• $500 billion
• $900 billion
• $1 trillion
• $700 billion

Which schemes were introduced in FTP 2015-20?

• SEIS, SFIS
• MEIS, SEIS
• EPCG, VKGUY
• FDI, FII
• FMS, AMS

What was the major change in reward schemes under FTP 2015-20?

• Introduction of new schemes
• Merging of multiple schemes
• Reduction in export obligations
• Increase in export tariffs
• Expansion of the MEIS

How does the FTP 2015–20 boost "Make in India"?

• By promoting foreign investment
• By increasing export obligations
• By simplifying reward schemes
• By imposing tariffs
• By reducing exports of hi-tech items

Which sector benefits from the E-Commerce exports under FTP 2015-20?

• Agriculture
• Handloom products
• Pharmaceuticals
• Telecommunications
• Textiles

What does the "Approved Exporter System" aim to achieve?

• Fast access to international markets
• Reduce export obligations
• Increase export tariffs
• Encourage domestic manufacturing
• Promote bilateral trade

What are EOU, EHTP, STPI, and BTP schemes associated with in FTP 2015-20?

• Export promotion
• Export of services
• Export of agriculture products
• Export of technology
• Export of handicrafts