Worksheetseconomics 2 (5 &6)
Total questions: 30
Worksheet time: 15mins
What percentage of India's share in the World Export has been targeted in foreign trade policy in 2015 - 2020?
2%
2.5%
3.5%
3%
Which item was not exported before independence?
Cotton clothes
Tea
Jute
Engineering
Export imporr ratio in India is approx ___ percent
45
60
67
70
FEMA became operational since
2001
2002
2003
2000
What is the meaning of sez?
Special earth zone
Special english zone
Species economic zone
Special economic zone
Which country is the business partner of India?
U.S.
U.K.
U.A.E
China
Share of India in World Export is
Less than 1%
1.5%
1.7%
2% above
When was FEMA executed?
1st june,1973
2nd June,2010
1st June,2000
1st January,2000
Sez in the country is adopted in the view of the model of which country?
China
Japan
Korea
America
Sez model was enforced in april 1___
2000
2001
2002
2003
LPG Policy was named as ___ turn policy
U
V
C
K
At present the number of industries requiring industrial licences are
3
4
5
2
Number of Industries reserved for public sector
2
5
3
4
World bank is also known as
IMF
UNO
IDBI
IBRD
How many years after independence India's foreign trade balance is in favourable condition
2
3
4
5
Economic reform started in India in the year
1947
1951
1969
1991
The meaning of LPG is
Liberalistion
Privatisation
Globalisation
All of the above
Demerits of liberalization
Increases in monopoly
Increases in production
Increases in competition
All of them
– atmosphere is abolished in new economic policy?
Protection
Privatisation
Perfection
Purification
The reform in a countries monetary and banking policy is known as
Agriculture reform
Political reform
Financial reform
Religious reform
Which of them was not an example of indirect tax
Sales tax
GST
Excise duty
Income tax
Which largest value of currency was came after demonetisation?
1000
500
2000
20000
When was GST introduced in the country
2011
2009
2010
2017
The world's trade Organisation was formed in the year
1992
1991
1993
1995
Import business is the part of India in world
1% below
1%
1.7%
2% above
Which export region India has been exported to its Max
Agricultural products
Readymade clothes
Coffee
Diamonds
The difference in export and imports of any country is known as
Balance of trade
Structure of trade
Direction of trade
Volume of trade
By domestic exports and domestic Industries by making more competitive in international market this process of earning foreign exchange is called
Inner vision strategy
External vision strategy
Import substituion strategy
None of them
FDI in hotel and tourism industry during 2nd generation was allowed
51%
75%
91%
100%
By a country to other countries to export their goods and services and to import goods and services from other countries is called
Business structure
Trade balance
Direction of business
Value of business
