This quiz works best with JavaScript enabled. Home > Indian Economy > Global > Industries Infrastructure And Foreign Trade – Quiz 4 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Industries Infrastructure And Foreign Trade Quiz 4 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which part of separated UTI is under SEBl's regulation? A) UTI-I. B) UTI-II. C) Both the above. D) None of the above. Show Answer Correct Answer: B) UTI-II. 2. The famous traveler "Megasthenes" belonged to which of the following country? A) GERMANY. B) GREECE. C) ROME. D) FRANCE. Show Answer Correct Answer: B) GREECE. 3. Types of goods and services we export and import is called: A) Composition of trade. B) Balance of trade. C) Direction of trade. D) None of these. Show Answer Correct Answer: A) Composition of trade. 4. Which city was famous for 'Gold silk cloth'? A) Varanasi. B) Mithila. C) Tamralipti. D) Ujjain. Show Answer Correct Answer: A) Varanasi. 5. The students of class XI were asked to describe the various types of intermediaries who played a prominent role in the promotion of trade. Arun, one of the student, spoke in particular, about the members of the wealthy business, banking and money lender family institution that exercised great influence during the Mughal period and the days of the East India Company. Identify the type of intermediaries being highlighted by Arun. A) Commission Agents. B) Brokers. C) Jagat Seths. D) Distributors. Show Answer Correct Answer: C) Jagat Seths. 6. In India, maximum number of workers are employed in : A) Textile industry. B) Iron and steel industry. C) Petrochemical industry. D) Automobile industry. Show Answer Correct Answer: A) Textile industry. 7. India earns maximum foreign exchange from the export of: A) Garments. B) Jute. C) Gems and jewellery. D) Cotton. Show Answer Correct Answer: C) Gems and jewellery. 8. Repayment of a foreign loan A) Decreases foreign liabilities. B) Is recorded as a debit in the financial account. C) Increases foreign assets. D) Is recorded as a debit in primary income. Show Answer Correct Answer: B) Is recorded as a debit in the financial account. 9. How much of one country's money is worth compared to another country? A) Exchange rate. B) Exchange control. C) Currency. D) Foreign trade. Show Answer Correct Answer: A) Exchange rate. 10. Who played special role in banking and financing in ancient time in india A) Bankers. B) Sahukar. C) Seth/lending institution. D) Above all. Show Answer Correct Answer: C) Seth/lending institution. 11. Which of the following is the largest (in terms of' turnover) Public Sector organisation in India? A) Bharat Petroleum. B) Steel Authority of India. C) Indian Oil Corporation. D) Oil and Natural Gas Commission. Show Answer Correct Answer: C) Indian Oil Corporation. 12. Find the incorrect match A) Dhanijog-Darshani. B) Sahjog-Muddati. C) Firmanjog-Muddati. D) Jokhmi-Muddati. Show Answer Correct Answer: B) Sahjog-Muddati. 13. Who is the head of the World Trade Organisation A) Ministerial conference. B) Director general. C) Deputy director general. D) None of these. Show Answer Correct Answer: B) Director general. 14. From ..... part of India, Chatts were the important business traders. A) North India. B) West India. C) East India. D) North East India. E) South India. Show Answer Correct Answer: E) South India. 15. Which of the following authority sanctions foreign exchange for the import of goods? [UP PCS 2011] A) Any Nationalised Bank. B) Exchange Bank. C) Reserve Bank of India. D) Ministry of Finance. Show Answer Correct Answer: C) Reserve Bank of India. 16. "Sunrise Industries" are Industries: A) Which are well-developed and have ample scope for further development. B) Which improve export performance of the country. C) Which are small-scale industries. D) Which have high growth potential and meet further requirements of the economy. Show Answer Correct Answer: D) Which have high growth potential and meet further requirements of the economy. 17. What is Foreign direct investment? A) This is when a country makes an investment into a company. B) This is when a company makes an investment into a foreign country and has the right to control. C) When a domestic country invest into its own companies. D) When a foreign individual invest in domestic stock markets. Show Answer Correct Answer: B) This is when a company makes an investment into a foreign country and has the right to control. 18. Reduction of value of currency due to market forces A) Revaluation. B) Devaluation. C) Depreciation. D) Appreciation. Show Answer Correct Answer: C) Depreciation. 19. Removing barriers or restrictions by the government policy is called A) Free trade. B) Liberalisation. C) Favourable trade. D) FDI. Show Answer Correct Answer: B) Liberalisation. 20. Which of the following industries was started first in India? A) Cotton. B) Paper. C) Tea. D) Jute. Show Answer Correct Answer: C) Tea. ← PreviousNext →Related QuizzesIndian Economy QuizzesIndustries Infrastructure And Foreign Trade Quiz 1Industries Infrastructure And Foreign Trade Quiz 2Industries Infrastructure And Foreign Trade Quiz 3Industries 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