Foreign Trade & International Organizations UPSC Questions

Economics

Foreign Trade & International Organizations MCQ Questions


7.
Which among the following is ineligible for export under MEIS, EXIM Policy 2015-20?
A.
Deemed Exports.
B.
Customised fashion garments
C.
Both a and b
D.
Books/periodicals
😑 View Answer Rough Work Error
ANSWER :
A. Deemed Exports.
8.
Which scheme has been replaced with Service Exports from India Scheme (SEIS)?
A.
Service from India Scheme
B.
Service from India System
C.
Served from India Scheme
D.
Served from Income System
😑 View Answer Rough Work Error
ANSWER :
C. Served from India Scheme
9.

Identify the FALSE statement about Service Exports from India Scheme.
a) SEIS provides rewards to service providers of notified services, who are providing services from India.
b) The rewards will be provided regardless of the constitution or profile of the service provider.
c) The rare SEIS scheme under Foreign Trade Policy 2015-20 is based on net foreign exchange earned on services.
d) As per Foreign Trade Policy 2015-20, SEIS aren't eligible for units of SEZs

A.

Only a

B.

Both b and c

C.

Only d

D.

Only b

😑 View Answer Rough Work Error
ANSWER :

C. Only d

10.
_____ scheme is one of the best export promotion schemes introduced by government under Foreign Trade Policy.
A.
Export Policy on Capital Goods
B.
Export Promotion Capital Goods
C.
Expenditure Policy on Capital Goods
D.
Expenditure Promotion Capital Goods
😑 View Answer Rough Work Error
ANSWER :
B. Export Promotion Capital Goods
11.
EPCG authorisation shall be valid for imports for _____ from the date of issuance of the authorisation, as of 2022.
A.
6 months
B.
10 months
C.
12 months
D.
18 months
😑 View Answer Rough Work Error
ANSWER :
D. 18 months
12.
Which scheme will help the export units to utilise the Infrastructural facilities?
A.
Export Oriented Units and Software Technology park scheme
B.
Export Oriented Units and Sales Technology park scheme
C.
Exchange Oriented Units and Software Technology park scheme
D.
Expenditure Oriented Units and Software Technology park scheme
😑 View Answer Rough Work Error
ANSWER :
A. Export Oriented Units and Software Technology park scheme