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FOREIGN TRADE QUESTIONS

Exam NameFOREIGN TRADE QUESTIONS
DescriptionFOREIGN TRADE QUESTIONS and Answers exams contains the questions from various competitive exams.These questions are the part of previous year paper.These kind of questions would be helpful in preparing for exams like IAS, PCS, UPSC, NDA, CDS SSC, RRB, PSC, IBPS
Exam TypeMASTER EXAM
Authenticity10002
creatorAnirudh(39258)

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Question: The tax on import and export is known as:

Answer:Custom tax


Question: Invisible export means export of :

Answer:Services


Question: The headquarter of World Trade Organisation (WTO) are at :

Answer:Geneva


Question: Free trade zone is one :

Answer:where trade is done without restriction


Question: Which among the following is the largest trading Government Company of India ?

Answer:Mineral and Metal Trading Corporation


Question: SEZ act was passed by the Parliament in the year:

Answer:2005


Question: A letter of Credit is produced by ;

Answer:Both by exporter and importer


Question: Which of the following organisations is involved in providing the insurance against various risks to the exporters ?

Answer:Export Credit and Guarantee Corporation (ECGC)


Question: Special Economic Zone (SEZ) Act became effective in :

Answer:2006


Question: At present as per government rulings, the maximum area allowed for a Special Economic Zone (SEZ) is :

Answer:5000 hectares


Question: The earlier name of the WTO are:

Answer:GATT


Question: NAMA-11 group of countries frequently appears in the news in the context of the affairs of which one of the following :

Answer:World Trade Organisation