Q.No. Question Options

Q.No. Question Options Answer

1. India's share in world exports is:

1. 2.9

3

2. 2.1

3. 1.6

4. 1.3

5. -

1. Which databases will you require in order to note

the import duty:

1. trade map.org

4

2. macmap.org

3. wto.org

4. All the above

5. -

2. Business Process Innovation plays a role in which

of the following export diversification:

1. NPND

2

2. OPOD

3. OPND

4. NPOD

5. -

2. Which databases will you require in order to note

the bound rate of import duty:

1. trade map.org

3

2. macmap.org

3. wto.org

4. All the above

5. -

3. Usage of GDP is not required to estimate which of

these indexes: 1. TII 1

2. EPI

3. IPI

4. MPI

5. -

3. Shifting from 6/8dgt HS to NTL plays a role in

which of the following export diversification:

1. NPND

2

2. OPOD

3. OPND

4. NPOD

5. -

4. While selecting the right market for exports what is

the correct sequence of indexes to be calculated:

1. RCA-TII-IPI-EPI

3

2. TDI-TII-IPI-RHI

3. RHI-TDI-IPI-TII

4. TII-IPI-EPI-RCA

5. -

4. As an exporter from India, which country seems to

be the best:

1. China with capital account of -

34.78 USD bn

2

2. USA with current account of -

440.42 USD bn

3. Germany with current account

of 238.71USD bn

4. Thailand with capital account of

-67.9USD bn

5. -

5. As an investor from India, which country seems to

be the best:

1. China with capital account of -

34.78 USD bn 4

2. USA with current account of -

440.42 USD bn

3. Germany with current account

of 238.71USD bn

4. Thailand with capital account of

-67.9USD bn

5. -

5. What adds to comparative advantage of an

exporter:

1. Place of Origin (GI)

1

2. Rules of origin

3. Certificate of origin

4. None of the above

5. -

6.

Adani group is into exports of groundnuts from

India. The company wants to apply for a suitable

export promotion scheme to GOI to participate in

the trade fair. Which is the most appropriate

combination of the scheme and the target market

for the B2C trade fair:

1. MDA for Japan with BOT in

Gnut as 45.78 USD million

3

2. MAI for China with BOT in

Gnut as -30.87 USD million

3. MDA for Chile with BOT in

Gnut as -14.34 USD million

4. FMS for Latvia with BOT in

Gnut as 32.43 USD million

5. -

6.

RCA values for different commodities exported

from India are given: Silk (38.9), Tobacco (32.6),

Cotton (19.7) and Plastics (56.8). In which order

would you pick these products for exports

1. Silk, Tobacco, Cotton, Plastics

4

2. Plastics, Silk, Tobacco, Cotton

3. Silk, Tobacco, Cotton, Plastics

4. Cannot say

5. -

7. A high RHI as well as high SHI indexes in the

target country would not mean

1. High risk for the target country

2 2.

Trade opportunity for Indian

suppliers of primary goods to

target country

3.


suppliers of value added good to

target country

4. All the above

5. -

7.

India's position in Global innovation index has

increased during last few years. Which of the

following is likely to see the impact:

1. RCA and TII

1

2. EPI and IPI

3. IPI and RCA

4. MPI and TDI

5. -

8.

Which amongst the following company's existing

export basket is most riskiest:

Company RHI SHI EPI

ITC 34.5 45.8 57.3

Pro Agro 65.9 88 87

P&G 22.8 12.3 10.7

Britannia 75.0 23.8 2.9

1. Pro Agro

1

2. ITC

3. P&G

4. Britannia

5. -

8. Rules of origin will be an issue in which

combination

1. High RCA and High TII

3

2. High RCA and low TII

3. High MPI and High EPI

4. High MPI and low EPI

5. -

9. What adds to comparative advantage of an

exporter:


1

2. Rules of origin



5. -

9. Which one of these combination is not possible

1. High TII and Low ROI with

same market

4

2. High RCA and low EPI

3. High IPI and high EPI

4. All the above

5. -

10. While selecting the right market for exports what is

the correct sequence of indexes to be calculated:

1. RCA-TII-IPI-EPI

3

2. TDI--TII-IPI-RHI

3. RHI-TDI-IPI-TII

4. TII-IPI-EPI- RCA

5. -

10.

Values of various Indexes for India in four sectors

are as follows: (i) Export Propensity Index for

Electronics (10.23) (ii) Trade dependence Index for

cotton (54.32) (iii) Import penetration Index in

Auto components (2.89) and Export Propensity

Index for Basmati Rice (15.21). Overall degree of

reliance of domestic producers on foreign mkts is

lowest in which sector?

1. Basmati rice

2

2. Electronics

3. Cotton

4. Auto Components

5. -

11.

TII values for wooden products commodities

exported from India to different markets are given:

USA (38.9), UK (32.6), Australia (19.7) and

Morocco (56.8). In which order would you pick

these markets for exports:

1. Morocco, USA, UK, Australia

4

2. Australia, UK, USA, Morocco

3. UK, USA, Australia, Morocco

4. Cannot say

5. -

11. Values of Regional Hishermann Index in various

countries are as follows: India (34.45), China 1. Japan, India, Korea China 3

(11.02), Korea (23.76), Japan (56.7). Organise them

in ascending order of risk in operating in few

number of markets (i.e lowest risk to highest risk)

2. Japan, Korea, China, India

3. China, Korea, India, Japan

4. China, India, Japan, Korea

5. -

12.

TII values for gems and jewelry in Korea is as

below. What could be the reason?

2008 2009 2010 2011 2012

3.4 3.5 14.9 15.2 15.9

1. Indo Korea CEPA

1

2. REACH regulation

3. FMS

4. All of the above

5. -

12. A high RHI as well as high SHI indexes in the

target country would not mean


2

2.


suppliers of primary goods to

target country

3.


suppliers of value added good to

target country

4. All the above

5. -


combination:


3




5. -

13. Suitable time to enter any foreign market can be

checked through:

1. Trade Intensity Index

4

2. Marginal propensity to import

3. Import penetration Index

4. Any of the above

5. -

14.

Government of India adds Pharmaceutical sector in

its current list of Focus Product Scheme under new

Foreign Trade Policy. Impact of this announcement

can be seen on which Index:

1. Export Propensity index

1

2. Nominal Protection Co-efficient

3. Relative Competitive Advantage


5. -

14. Which one of these combinations is not possible

1. High TII and Low ROI with

same market

4



4. All the above

5. -

15.

Botswana, Lesotho, Namibia, South Africa and

Swaziland together form a group which has an

impact on the route an Indian exporter can choose

to any of these markets. Which form of agreement

is it?

1. Customs Union

1

2. Common market

3. PTA

4. Economic Union

5. -

15.

Values of various Indexes for India in four sectors

are as follows: (i) Export Propensity Index for

Electronics (10.23) (ii) Trade dependence Index for

cotton (54.32) (iii) Import penetration Index in

Auto components (2.89) and Export Propensity

Index for Basmati Rice (15.21). Overall degree of

1. Basmati rice

2 2. Electronics

3. Cotton

reliance of domestic producers on foreign mkts is

lowest in which sector? 4. Auto Components

5. -

16.

Indian exporter wants to target his exports to

ASEAN market but has got limited shipment space

each time he plans to send his consignment. In such

a scenario, he needs to priotise his shipment. On the

basis of the information on Indo-ASEAN FTA

below; what will be your suggestion?

Commodity Status in FTA

Rubber E-5

Leather Negative list

Silk Sensitive list

Chemical E-8

1. Rubber-Leather-Silk-Chemical

2

2. Silk-Rubber-Chemical-Leather

3. Chemical-Silk-Rubber-Leather

4. Silk-Leather-Chemical-Rubber

5. -

16.

TII values for Indian textiles in EU is as below.

What could be the reason?

2008 2009 2010 2011 2012

34.5 38.9 45.3 5.2 3.9

1. Indo Korea CEPA

2

2. REACH regulation

3. FMS

4. All of the above

5. -

17. Suitable time to enter any foreign market can be

checked through:


4



4. Any of the above

5. -

17.

This exporter also wants to explore Japanese

market. Bound rates and Applied rates for different

products in Japanese market in given below:

Commodity Bound

Rate of duty

Applied

Rate of duty

Electronics 100 100

Agro 100 70

Chemical 100 25

1. Electronics-Agro-Chemical

1

2. Chemical-Agro-Electronics

3. Agro-Chemical-Electronics

4. Agro-Electronics-Chemical

Assuming that he has again got limited shipment

space in which case he needs to priotise his

shipment. On the basis of the information below

what will be your suggestion?

5. -

18.

In situation explained in Q9, the exporter faces

minimum risk in exporting which commodity to

Japan

1. Agro

3

2. Chemical

3. Electronics

4. Risk is same

5. -

18.

Government of India adds Pharmaceutical sector in

its current list of Focus Product Scheme under new

Foreign Trade Policy. Impact of this announcement

can be seen on which Index:


1




5. -

19. India is not a part of which country grouping?

1. G-10

1

2. G-20

3. G-4

4. G-5

5. -

19.

Barbodos, Jamaica, Guyanai and Belize forms a

group which has an impact on the expansion plan

for an Indian exporter. Which form of agreement is

it?

1. Customs Union

2

2. Common market

3. PTA

4. Economic Union

5. -

20.

Indian exporter wants to target his exports to

ASEAN market but has got limited shipment space

each time he plans to send his consignment. In such

a scenario, he needs to priotise his shipment. On the

basis of the information on Indo-ASEAN FTA



Rubber E-5


Silk Sensitive list

Chemical E-8


2




5. -

20.

As per the data given below which FTA is

beneficial for Indian Marine exporter targeting

Thailand market:

1.

FTA

Regional

Orientation

Index

APTA 1.2

2

2.

FTA

Regional

Orientation

Index

BIMSTEC 2.3

3.

FTA

Regional

Orientation

Index

Indo-

Mercosur 3.2

4.

FTA

Regional

Orientation

Index

ASEAN 0.9

5. -

21.

Which one the following is the right combination

for the product-market identification under an FTA:

(ROO stands for rules of origin)

1.

High RCA - high TII - high

regional orientation index - Roo

(40%) 1

2.

Rising RCA - low TII - low


(45%)

3.

Rising RCA - decreasing TII -

low regional orientation index -

Roo (45%)

4.

Rising RCA - increasing TII -

high regional orientation index -

Roo (40%)

5. -

21.

This exporter also wants to explore Japanese

market. Bound rates and Applied rates for different

products in Japanese market in given below:

Commodity Bound Rate of

duty

Applied Rate of

duty

Electronics 100 100

Agro 100 70

Chemical 100 25

Assuming that he has again got limited shipment

space in which case he needs to priotise his

shipment. On the basis of the information below

what will be your suggestion?


Chemical-Agro-Electronics

1



4. -

5. -

22. Which amongst the following is not identified as

thrust sector under India¿s Foreign Trade policy :

1. Agriculture

2

2. Drugs & Pharmaceuticals

3. Gems and Jewelry

4. Leather and Foot wear

5. -

22.

In situation explained in Q9, the exporter faces

minimum risk in exporting which commodity to

Japan

1. Agro

3

2. Chemical

3. Electronics

4. Risk is same

5. -

23. India is not a part of which country grouping? 1. G-10 1

2. G-20

3. G-4

4. G-5

5. -

23. The limit for Small enterprises in manufacturing

sector is:

1. 25 lacs-5 Crore

1

2. less than 5 crores

3. between 5-10 crores

4. less than 25 lacs

5. -

24. SMEs in India are defined on the basis of:

1. Number of people employed

3

2. Annual turn over

3. Investment in plant and

machinery

4. Firm size

5. -

24.

As per the data given below which FTA is

beneficial for Indian Marine exporter targeting

Thailand market:

Sl

no FTA

Regional Orientation

Index

a. APTA 1.2

b. BIMSTEC 2.3

c. Indo-

Mercosur 3.2

d. ASEAN 0.9

1. a

2

2. b

3. c

4. d

5. -

25.

MDA (Marketing Development Assistance) is

granted to the exporters through the Export

Promotion Councils for participation in trade fairs,

buyers- sellers meet, conducting Export Promotion

1. CIS

4

2. AFRICA

seminars etc. Which of the following group of

nations is this assistance not available for 3. LATIN AMERICAN

COUNTRIES (LAC)

4. NAFTA

5. -

25. NTM% of 50% means

1. All tariff lines are facing that

NTM

4

2. Exporters can export 50% of

FOB to that market

3. Exporter can export 50% of

their total exports to that market

4.

Exporters can export any 4 out

of 8 tariff lines without the

mentioned NTM

5. -

26. HS code for agro products at two digit level ranges

from

1. 01-24

1

2. 50-63

3. 64-64

4. 30-31

5. -

26. Which amongst the following is not identified as

thrust sector under India's Foreign Trade policy :

1. Agriculture

2


3. Gems and Jewelry


5. -

27. TUFS scheme is applicable to which sector

1. Technology products

3 2. Toys

3. Textiles

4. Tractors and farm equipments

5. -

27. The limit for Small enterprises in manufacturing

sector is:

1. 25 lacs-5 Crore

1




5. -

28. VKGUY is applicable to which sector:

1. Village gram udyog

4

2. Small scale industries

3. Krishi Vigyan Kendras

4. Agriculture

5. -

28. SMEs in India are defined on the basis of:

1. Number of people employed

3

2. Annual turn over

3. Investment in plant and

machinery

4. Firm size

5. -

29. Select the odd one out in context of inclusions in

FMS scheme in 2013

1. Cayman island

2

2. Austria

3. Latvia

4. Bulgaria

5. -

29. Select the odd one out in context of inclusions in

FMS scheme in 2013

1. Argentina

1

2. Lithunia

3. Latvia

4. Bulgaria

5. -

30.

Issues like Government procurement, IPRs, GIs,

MRAs, Air services agreement are a form of which

agreement?

1. CECA

4

2. CEPA

3. FTA

4. CECPA

5. -

30.

Which one the following is the right combination

for the product-market identification under an FTA:

(ROO stands for rules of origin)

1.

High RCA - high TII - high


(40%)

4

2.

Rising RCA - low TII - low


(45%)

3.

Rising RCA - decreasing TII -

low regional orientation index -

Roo (45%)

4.

Rising RCA - increasing TII -

high regional orientation index -

Roo (40%)

5. -

31. -

1. -

0

2. -

3. -

4. -

5. -

31. -

1. -

0

2. -

3. -

4. -

5. -

Q.No. Question Options Answer

1. India's share in world exports is:

1. 2.9

3

2. 2.1

3. 1.6

4. 1.3

5. -

2.

Which databases will you require in

order to note the bound rate of import

duty:

1. trade map.org

3

2. macmap.org

3. wto.org

4. All the above

5. -

3.

Shifting from 6/8dgt HS to NTL plays a

role in which of the following export

diversification:

1. NPND

2

2. OPOD

3. OPND

4. NPOD

5. -

4. As an exporter from India, which

country seems to be the best:

1. China with capital account of -34.78

USD bn

2

2. USA with current account of -440.42

USD bn

3. Germany with current account of

238.71USD bn

4. Thailand with capital account of -

67.9USD bn

5. -

5. As an investor from India, which

country seems to be the best:

1. China with capital account of -34.78

USD bn

4

2. USA with current account of -440.42

USD bn

3. Germany with current account of

238.71USD bn

4. Thailand with capital account of -

67.9USD bn

5. -

6.

Adani group is into exports of

groundnuts from India. The company

wants to apply for a suitable export

promotion scheme to GOI to participate

in the trade fair. Which is the most

appropriate combination of the scheme

and the target market for the B2C trade

fair:

1. MDA for Japan with BOT in Gnut as

45.78 USD million

3

2. MAI for China with BOT in Gnut as -

30.87 USD million

3. MDA for Chile with BOT in Gnut as -

14.34 USD million

4. FMS for Latvia with BOT in Gnut as

32.43 USD million

5. -

7.

India's position in Global innovation

index has increased during last few

years. Which of the following is likely to

see the impact:

1. RCA and TII

1

2. EPI and IPI

3. IPI and RCA

4. MPI and TDI

5. -

8. 1. Pro Agro 1

Which amongst the following

company's existing export basket is most

riskiest:

Company RHI SHI EPI

ITC 34.5 45.8 57.3

Pro Agro 65.9 88 87

P&G 22.8 12.3 10.7

Britannia 75.0 23.8 2.9

2. ITC

3. P&G

4. Britannia

5. -

9. What adds to comparative advantage of

an exporter:


1

2. Rules of origin



5. -

10.

While selecting the right market for

exports what is the correct sequence of

indexes to be calculated:

1. RCA-TII-IPI-EPI

3

2. TDI--TII-IPI-RHI

3. RHI-TDI-IPI-TII

4. TII-IPI-EPI- RCA

5. -

11.

TII values for wooden products

commodities exported from India to

different markets are given: USA (38.9),

UK (32.6), Australia (19.7) and Morocco

(56.8). In which order would you pick

these markets for exports:

1. Morocco, USA, UK, Australia

4

2. Australia, UK, USA, Morocco

3. UK, USA, Australia, Morocco

4. Cannot say

5. -

12. A high RHI as well as high SHI indexes

in the target country would not mean


2

2. Trade opportunity for Indian suppliers of

primary goods to target country

3. Trade opportunity for Indian suppliers of

value added good to target country

4. All the above

5. -


combination:


3




5. -

14. Which one of these combinations is not

possible

1. High TII and Low ROI with same market

4



4. All the above

5. -

15.

Values of various Indexes for India in

four sectors are as follows: (i) Export

Propensity Index for Electronics (10.23)

(ii) Trade dependence Index for cotton

(54.32) (iii) Import penetration Index in

Auto components (2.89) and Export

Propensity Index for Basmati Rice

(15.21). Overall degree of reliance of

domestic producers on foreign mkts is

lowest in which sector?

1. Basmati rice

2

2. Electronics

3. Cotton

4. Auto Components

5. -

16.

TII values for Indian textiles in EU is as

below. What could be the reason?

2008 2009 2010 2011 2012

34.5 38.9 45.3 5.2 3.9

1. Indo Korea CEPA

2 2. REACH regulation

3. FMS

4. All of the above

5. -

17. Suitable time to enter any foreign

market can be checked through:


4



4. Any of the above

5. -

18.

Government of India adds

Pharmaceutical sector in its current list

of Focus Product Scheme under new

Foreign Trade Policy. Impact of this

announcement can be seen on which

Index:


1




5. -

19.

Barbodos, Jamaica, Guyanai and Belize

forms a group which has an impact on

the expansion plan for an Indian

exporter. Which form of agreement is it?

1. Customs Union

2

2. Common market

3. PTA

4. Economic Union

5. -

20.

Indian exporter wants to target his

exports to ASEAN market but has got

limited shipment space each time he

plans to send his consignment. In such a

scenario, he needs to priotise his

shipment. On the basis of the

information on Indo-ASEAN FTA



Rubber E-5


2




5. -


Silk Sensitive list

Chemical E-8

21.

This exporter also wants to explore

Japanese market. Bound rates and

Applied rates for different products in

Japanese market in given below:

Commodity

Bound

Rate of

duty

Applied

Rate of duty

Electronics 100 100

Agro 100 70

Chemical 100 25

Assuming that he has again got limited

shipment space in which case he needs to

priotise his shipment. On the basis of the

information below what will be your

suggestion?


Chemical-Agro-Electronics

1



4. -

5. -

22.

In situation explained in Q9, the

exporter faces minimum risk in

exporting which commodity to Japan

1. Agro

3

2. Chemical

3. Electronics

4. Risk is same

5. -

23. India is not a part of which country

grouping?

1. G-10

1

2. G-20

3. G-4

4. G-5

5. -

24. 1. a 2

As per the data given below which FTA

is beneficial for Indian Marine exporter

targeting Thailand market:

Sl

no FTA

Regional

Orientation Index

a. APTA 1.2

b. BIMSTEC 2.3

c. Indo-

Mercosur 3.2

d. ASEAN 0.9

2. b

3. c

4. d

5. -

25. NTM% of 50% means

1. All tariff lines are facing that NTM

4

2. Exporters can export 50% of FOB to that

market

3. Exporter can export 50% of their total

exports to that market

4. Exporters can export any 4 out of 8 tariff

lines without the mentioned NTM

5. -

26.

Which amongst the following is not

identified as thrust sector under India's

Foreign Trade policy :

1. Agriculture

2


3. Gems and Jewelry


5. -

27. The limit for Small enterprises in

manufacturing sector is:

1. 25 lacs-5 Crore

1




5. -

28. SMEs in India are defined on the basis

of: 1. Number of people employed 3

2. Annual turn over

3. Investment in plant and machinery

4. Firm size

5. -

29. Select the odd one out in context of

inclusions in FMS scheme in 2013

1. Cayman island

2

2. Austria

3. Latvia

4. Bulgaria

5. -

30.

Which one the following is the right

combination for the product-market

identification under an FTA: (ROO

stands for rules of origin)

1. High RCA - high TII - high regional

orientation index - Roo (40%)

4

2. Rising RCA - low TII - low regional

orientation index - Roo (45%)

3. Rising RCA - decreasing TII - low

regional orientation index - Roo (45%)

4. Rising RCA - increasing TII - high

regional orientation index - Roo (40%)

5. -

31. -

1. -

0

2. -

3. -

4. -

5. -

Q.No. Question Options

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