TYB.

COM – Export Marketing

Sem - V

1.__________ Act as a publicity wing of government of India for Organising and for participating in
trade fairs and exhibitions in India and abroad.

a. ITIPO
b. EPCS
c. IIFT
d. FIEO

2. Export __________ refers to cooperative organizations for exporting items of small units.

a. House
b. Consortium
c. Agency
d. ICA

3. ___________ schemes provide the exports of software exports.

a. EHTP
b. STP
c. BTP

4. AoA, as per WTO Stands for __________

a. Agreement on allied services

b. Agreement on Agriculture
c. Association on Agriculture
d. All of the above

5. __________________ are included under canalised list of export

a. Software

b. Nigeria Seeds

c. Gems & Jewellery

6. ____________ involves refund of custom duty paid on the import of raw material,
components & packing material used for export production.

a. DBK

b. ASIDE

c. IRMAC

d. EPZ

7. ________________ clearance helps to save time, effort & money of the EHTP schemes.

a. Single window
 b. Multiple window

c. Tripple Window

8. Industrial clusters are given recognition as _____________________

a. Town of clusters

b. EPCG

c. STP

9. Status Recognition depends upon _______________ during the current plus the preceding

two years as per FTP 2015- 20

a. FOB Export performance

b. FOB Import performance
c. FOB Import – Export performance

10. Which one of the following continents accounts for the maximum share in exports from

India?
a) Asia
b) Europe
c) Africa
d) North America

11. Brent index is associated with

a) Crude oil prices

b) Copper future prices

c) Gold future prices

d) shipping rate index

12. Computer programs are protected as

A. Copy rights

B. Trademarks

C. Patents

D. Industrial design

13. The protection against the new invention of a product or process for a defined period is

A. Patent

B. trade mark

C. copy right
 D. Technology

14. The IEC number is issued by the

A. Central Government

B. State Government

C. Director General of Foreign trade

D. Ministry of commerce

15. The Director General of Foreign trade is appointed by

A. Central Government

B. State Government

C. Ministry of commerce

D. Chief justice of the Supreme Court.

16. Which of the following is an example of intellectual property?

A. Computer hardware.

B. Trademarks.

C. Textiles.

D. Electronics equipment

17. The area where the goods are permitted to be imported and reexported without any processing
in the same form is called

A. Export Processing Zone

B. Free Trade Zone

C. Special Economic Zone

D. Agri Export Zone

18. The WTO Agreement related to investment measures is.

A. TRIPS

B. TRIMS.

C. GATS

D. TCA.
19. TRIMs stands for

A. Trade Related Investment Measures

B. Trade Review Information Modules

C. Tripartite Review of Investment Means

D. Trade Related Intellectual Measures

20. A tax imposed on certain type of imported goods is

A. a tariff

B. a surcharge

C. a severance tax

D. a subsidy

21. Expand FMS

A. First Market Scheme

B. Focus Market Scheme

C. Focus Marine Scheme

D. Full Market Scheme

22. Expand MDA

A. Market Development Area

B. Market Development Assistance

C. Market Developed Area

D. Market Development Access

23. Goods/ services do not leave the country and the payments are received either in foreign or

Indian currency is known as

A. Export

B. Import

C. Reexport

D. Deemed Export
24. EXIM policy is also called as

A. Foreign trade Policy

B. Export policy

C. Import policy

D. trade policy

25. Expand GATT

a. General Agreement on Trade and Tariffs

b General Agreement on Tariffs and Trade

c. General and Trade and Tariffs

d. Government Agreement on Trade and Tariffs .

26. Dumping refers to:

a. Reducing tariffs
b. Sale of goods abroad at low a price, below their cost and price in home market
c. Buying goods at low prices abroad and selling at higher prices locally
d. Expensive goods selling for low price

27. International trade and domestic trade differ because of:

a. Different government policies
b. Immobility of factors
c. Trade restrictions
d. All of the above
28. Market in which currencies buy and sell and their prices settle on is called the
a. International bond market
b. International capital market
c. Foreign exchange market
d. Eurocurrency market
29. The objectives of import duty is ____________.
a. To raise income for the government
b. To restrict imports.
c. To encourage exports.
d. To raise income and restrict imports
30. Import tariff benefits__________
a. The consumers.
b. Domestic producers
c. Overseas suppliers.
d. The overseas producers
31. Non- tariff trade barriers do not include_____________
a. Administrative regulations.
b. Export subsidiaries
c. Fiscal barriers.
d. Quota
36. Which of the following are positive reasons for internationalization?
a. Market diversification
b. Economies of scale.
c. International competitiveness
d. All of the above.

37. Tariffs include. __________.

a. Decrease the domestic price of a product
b. Increase government earnings from tax.
c. Increase the quantity of imports.
d. Decrease domestic production.

38. The acronym FEMA stands for __________.

a. Foreign exchange management association
b. Foreign exchange management account
c. Foreign exchange management act
d. None of the above
39. During 2016-17, which of the following items under manufacturing goods sector had
the highest share in India’s exports?
a) Gems and jewellery
b) Engineering goods
c) Chemical and related products
d) Handicrafts
 40. What is the full form of SEZ?
a. Special Economic Zone
b. Small Economic Zone
c. Special Enforcement Zone
d. Service and Economic Zone
41. FERA in India has been replaced by
a. FERA
b. FEMA
c. FENA
d. FETA
42. Which one of the following institutions is related to export financing and insurance?
a. ECGC
b. GAIL
c. CBDT
d. IDBI

43. The practice of selling goods in a foreign country at a price below their domestic selling
price is called
a. Diplomacy
b. Discrimination
c. Dumping
d. Double pricing

44. Invisible export means export of

a. Services
b. Prohibited goods
c. Unrecorded goods
d. Goods through smuggling

45. The headquarter of World Trade Organisation (WTO) are at

a. Doha
b. Geneva
c. Rome
d. New York

46. A 'Letter of Credit' is produced by

a. An exporter
b. An importer
c. Both by exporter and importer
d. Shipping company
47. __________ is the chief body that administers laws related to foreign trade
and investment in India.
a. DGFT
b. SAARC
c. SEZ
d. BIS
48. Name the two schemes introduced under the new foreign trade policy?
a. Merchandise Export from India Scheme & Services Export from India Scheme
b. Services Export from India Scheme & Services Import from India Scheme
c. Services Import from India Scheme & Merchandise Export from India Scheme
d. Merchandise Import from India Scheme & Services Export from India Scheme
49. Under ____________ scheme, imported raw materials are supplied at
Competitive rates to small exporters.
a. IRMAC
b. MDA
c. MAT
d. ASDIE
50. _____________develops consciousness of the need for good packaging
a. IIP
b. IIFT
c. CBS
d. IRDA