International Business

1.With which of the following categories of countries India has maximum import trade?
A. O.E.C.D.
B. O.P.E.C
C. Eastern Europe

D. Developing countries

Option “B” is correct.
2.Which of the following is a commodity of the rectangle of India?
A. Clothes
B. Pearl
C. Engineering object

D. Handicraft

Option “C” is correct.
3.Where has the first LNG terminal in India been set up for the import of LNG?
A. Vizag
B. Kochi
C. Dowry

D. Bhubaneswar

Option “C” is correct.
4.Where does the maximum portion of imports in India come from?
A. America
B. European community
C. OPEC

D. African and Asian developing countries

Option “C” is correct.
5.India spends maximum foreign exchange on the import of which item?
A. Petroleum products
B. Fertilizer
C. Defense equipment

D. Electrical home machinery

Option “A” is correct.
6.Which of the following statement is true?
A. India’s foreign trade with US increased due to Super 301
B. India’s foreign trade with America has decreased due to Super 301.
C. India’s trade with US has been unaffected due to Super 301

D. Due to Super 301, India has canceled trade deals with America.

Option “C” is correct.
7.The most important country from the point of view of trade in India’s foreign trade is –
A. Russia
B. Japan
C. U.K.

D. Britain

Option “C” is correct.
8.With whom is India’s maximum foreign trade?
A. Japan
B. China
C. India

D. U.A.E

Option “B” is correct.
9.To promote foreign trade, Special Economic Zones have been set up in India on the lines of which country?
A. India
B. Russia
C. China

D. Israel

Option “C” is correct.
10.What is the difference between the value of view export and view rectangle called?
A. Stock balance
B. Trade balance
C. Account balance

D. From balance of payments

Option “B” is correct.