This quiz works best with JavaScript enabled. Home > Indian Economy > Global > Industries Infrastructure And Foreign Trade – Quiz 2 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Industries Infrastructure And Foreign Trade Quiz 2 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. A strategy to earn foreign exchange by promoting domestic exports and making domestic industry competitive in the international market is called: A) Inward looking strategy. B) Export promotion strategy. C) Outward looking strategy. D) None of these. Show Answer Correct Answer: C) Outward looking strategy. 2. Export surplus was used: A) To make payment for expenditure incurred by a british office. B) To meet expenses on war. C) To import invisible items. D) All of these. Show Answer Correct Answer: D) All of these. 3. Hundi that is payable to a specific person, someone 'respectable'. Liability over who received payment. A) Sah-jog-Darshani. B) Firman-jog-Darshani. C) Dekhan-har-Darshani. D) Firman-jog-Muddati. Show Answer Correct Answer: A) Sah-jog-Darshani. 4. Identify the correct sequence of the establishment of steel plants in India from the earliest to the latest: [NDA 2002] A) Bokaro, Jamshedpur, Vishakhapatnam, Bhilai. B) Jamshedpur, Bhilai, Bokaro, Vishakhapatnam. C) Bhilai, Jamshedpur, Vishakhapatnam, Bokaro. D) Jamshedpur, Vishakhapatnam. Show Answer Correct Answer: B) Jamshedpur, Bhilai, Bokaro, Vishakhapatnam. 5. India's share in world import is: A) Less than 1%. B) 1%. C) 1.5%. D) Greater than 2%. Show Answer Correct Answer: D) Greater than 2%. 6. As per the reports published in the newspapers the banks, particularly public sector banks are tying up with various rating agencies for providing a qualitative assessment of the credit needs of the borrowers. Which amongst the following is/are such credit rating agencies in India? [Punjab & Sindh Bank 2011] A) CARE. B) CRISIL. C) ULlP. D) Only A. E) Only B. F) A and B only. G) Only C. H) All A, B and C. Show Answer Correct Answer: F) A and B only. 7. Which of the following sectors does not come under tertiary sector? A) Transport. B) Trade. C) Business Services. D) Electricity. Show Answer Correct Answer: D) Electricity. 8. When was "Make in India" launched by the Government of India? A) 15 August 2014. B) 25 September 2015. C) 25 September 2014. D) 15 August 2050. Show Answer Correct Answer: C) 25 September 2014. 9. Which one of the following pairs is not correctly matched? [CDS 2008] A) Hindalco Industries - Novelis. B) Tata Steel - Corus Group. C) Jet Airways - Air Sahara. D) Kingfisher Airlines - MDLR Airlines. Show Answer Correct Answer: D) Kingfisher Airlines - MDLR Airlines. 10. Which institution provides long run finance to industries? A) UTI. B) LIC. C) GIC. D) All of these. Show Answer Correct Answer: D) All of these. 11. The most important small-scale industry in India is that of: A) Textiles. B) Jute. C) Jewellery. D) Handloom. Show Answer Correct Answer: D) Handloom. 12. Which of the following items was not exported prior to independence? A) Cotton textiles. B) Tea. C) Jute. D) Engineering goods. Show Answer Correct Answer: D) Engineering goods. 13. What was known as 'Black Gold'? A) Jute. B) Cinnamon. C) Black Pepper. D) Saffron. Show Answer Correct Answer: C) Black Pepper. 14. Whenever newspapers talk about the performance of core industries, which of the following is NOT considered among them? [Bank of India PO 2010] A) Petroleum. B) Automobile. C) Mining. D) Steel. E) Cement. Show Answer Correct Answer: C) Mining. 15. The issue of the ..... is controlled by RBI A) Euro. B) USD. C) Rupee. D) Ringett. Show Answer Correct Answer: C) Rupee. 16. The core sector includes: I. Coal II. Power III. Petroleum IV. Soaps and Detergent A) I and II. B) I, II and III. C) I. D) II and III. Show Answer Correct Answer: B) I, II and III. 17. Which of the following was formed to suggest means for eradicating black money? [I. Tax 1992] A) Finance Commission. B) Sarkaria Commission. C) Shah Commission. D) Chelliah Committee. Show Answer Correct Answer: D) Chelliah Committee. 18. More expansion of foreign direct investment can boost: A) Unemployment. B) Supply. C) Employment. D) Money circulation. Show Answer Correct Answer: C) Employment. 19. What does the export surplus mean? A) When export of current year of a country is more than previous year export. B) Total export of a country. C) When export of a country is more than import. D) When import of a country is more than export. Show Answer Correct Answer: C) When export of a country is more than import. 20. Identify the second most traded currency around the world. A) US Dollars. B) Indian Rupee. C) Euro. D) Yuan. Show Answer Correct Answer: C) Euro. ← PreviousNext →Related QuizzesIndian Economy QuizzesIndustries Infrastructure And Foreign Trade Quiz 1Industries Infrastructure And Foreign Trade Quiz 3Industries Infrastructure And Foreign Trade Quiz 4Industries Infrastructure And Foreign Trade Quiz 5Industries Infrastructure And Foreign Trade Quiz 6Industries Infrastructure And Foreign Trade Quiz 7Globalisation And The Indian Economy QuizIndia S Foreign Policy QuizInternational Organisations And Human Development Quiz 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books