Foreign Trade

  1. Free Trade Policy refers to a policy where there is
    1. absent of tariff
    2. restriction on the movements of goods
    3. existence of anti-dumping policy
    4. encouragement for balances growth
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    Correct Option: A

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  1. Many a time we hear about SEZ in newspaper/ magzines.
    What is the full form of SEZ?
    1. Special Economic Zone
    2. Small Economic Zone
    3. Special Enforcement Zone
    4. Service and Economic Zone
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    Correct Option: A

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  1. FERA in India has been replaced by
    1. FERA
    2. FEMA
    3. FENA
    4. FETA
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    Correct Option: B

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  1. A trade policy consists of
    1. Export-Import Policy
    2. Licencing Policy
    3. Foreign Exchange Policy
    4. Balance of Payment Policy
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    Correct Option: A

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  1. Which one of the following institution is related to export financing and insurance?
    1. ECGC
    2. GAIL
    3. CBDT
    4. IDBI
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    Correct Option: A

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