Cluster · Indian Economic Policy and Foreign Trade

d
Clusters / #1244
tight score 0.45

Indian Economy Concepts and Policies
Questions
263
Questions in this cluster
260 total
Question Category Subtype Difficulty

Privatisation of the public sector undertakings by selling off part of the equity of PSUs to the public is known as:

[RRB NTPC CBT]

pipeline-1187028
gk intermediate

The Industrial Policy Resolution, 1948 mainly categorised the large-scale industries into ____ fragments.

[SSC CHSL 2024]

pipeline-1188652
gk intermediate

The Industrial Policy Resolution,1956 classified the industries into _________ categories.

[SSC GD 2022]

pipeline-1188716
gk intermediate

How many industries were listed in Schedule A of Industrial Policy, 1956?

[SSC CGL 2023]

pipeline-1188562
gk intermediate

Which of the following is NOT included in the three main dimensions of the New Industrial Policy, 1991, announced by the Government of India?

[SSC MTS 2024]

pipeline-1188690
gk intermediate

In how many categories did the Industrial Policy Resolution 1956 that formed the basis of 2nd 5 year plan civilization the industries?

[RRB NTPC CBT]

pipeline-1188723
gk intermediate

In the context of Industrial Policy Resolution 1956, which of the following is a correct statement?
a) Schedule A comprised of industries exclusively owned by the state.
b) Schedule B comprised of small-scale industries.
c) Schedule C comprised of the remaining industries.

[RRC GROUP D]

pipeline-1188571
gk intermediate

Industries are classified into ______ categories in the Industrial Policy Resolution.

[SSC CGL 2023]

pipeline-1188659
gk intermediate

In which industrial policy was the investment limit for a tiny industry/unit increased to ₹2 lakh?

[SSC CGL 2023]

pipeline-1188597
gk intermediate

The Government of India introduced a new economic policy in ___________.

[SSC GD 2024]

pipeline-1188671
gk intermediate

Which of these is one of the fall out of the industrial licensing system?

[SSC CHSL 2023]

pipeline-1188609
gk intermediate

Effect of The Industrial Policy, 1956 on industries was _____.

[SSC CGL 2022]

pipeline-1188635
gk intermediate

Following are the industry categories classified under the Industrial Policy Resolution 1956, EXCEPT:

[SSC CHSL 2023]

pipeline-1188705
gk intermediate

In India, which of the following regulatory mechanisms was NOT in existence to enforce regulation of the industrial sector?

[SSC CPO 2023]

pipeline-1188451
gk intermediate

Which of the following statements is/are FALSE about the Special Economic Zones (SEZs) of India ?
i. One of the main objectives of the Zones Act was promotion of exports of goods and services.
ii. The Government of India announced the Special Economic Zones (SEZs) Policy in the year 2011.
iii. The SEZ Rules provided for different minimum land requirement for different classes of SEZs.

[SSC CHSL 2024]

pipeline-1188542
gk intermediate

Which of the following industries was NOT in Schedule A of Industrial Policy 1956 ?

[SSC CPO 2023]

pipeline-1188447
gk intermediate

According to the Industrial Policy Statement of 1973, the private sector was allowed to apply for the license of their industry only after having a total asset of Rs _____or more.

[NTPC CBT 2]

pipeline-1188351
gk intermediate

Which of the following is NOT the socio-economic objective of Industrial Policy Statement 1980?

[SSC CGL 2024]

pipeline-1188436
gk intermediate

Which industrial policy marked the beginning of liberalisation in the Indian industry, reducing the restrictions on private companies?

[SSC CGL 2024]

pipeline-1188259
gk intermediate

What is the purpose of the Licensing Policy in India ?

[SSC CGL 2022]

pipeline-1188262
gk intermediate

A ____________ balance of trade is one in which the value of domestic goods exported exceeds the value of foreign goods imported.

[SSC GD 2022]

pipeline-1188129
gk intermediate

With respect to trade and industry, what is ‘SCOMET’?

[SSC GD 2024]

pipeline-1188142
gk intermediate

The money invested by foreign MNC’s is known as :

[RRB NTPC CBT]

pipeline-1188131
gk intermediate

The difference between the value of exports and the value of imports of goods of a country in a given period of time is called_______.

[NTPC CBT 2]

pipeline-1188132
gk intermediate

Export of goods enhances ______.

[SSC GD 2022]

pipeline-1188143
gk intermediate

With respect to India’s foreign trade, which year is referred to as the year of division?

[SSC CGL 2022]

pipeline-1188123
gk intermediate

The term of trade refers to _____________.

[SSC CGL 2023]

pipeline-1188130
gk intermediate

The purchasing power of a currency relative to another at current exchange rates and prices is ____.

[RRB NTPC CBT]

pipeline-1188141
gk intermediate

What are the two main forms of protection used to shield domestic industries from foreign competition in an inward- looking trade strategy

[SSC GD 2024]

pipeline-1188137
gk intermediate

International trade agreements have __________ as parties.

[SSC GD 2022]

pipeline-1188136
gk intermediate

What helps in expanding trade and commerce and brings in foreign exchange?

[SSC GD 2022]

pipeline-1188124
gk intermediate

How does most of India’s foreign trade take place?

[RRB NTPC CBT]

pipeline-1188133
gk intermediate

According to ______ policy, instead of importing vehicles made in a foreign country, industries would be encouraged to produce them in India itself.

[SSC GD 2024]

pipeline-1187946
gk intermediate

________ is the process of reducing barriers to trade and increasing participation in the international economy through trade.

[RRB NTPC CBT]

pipeline-1188134
gk intermediate

The Monopolistic and Restrictive Trade practices Act was passed in the year ______.

[NTPC CBT 2]

pipeline-1187949
gk intermediate

Which of the following policy measures is NOT a stop towards liberalization?

[SSC CPO 2023]

pipeline-1187958
gk intermediate

A set of accounts that summarises a country’s transactions with the rest of the world is known as

[RRB NTPC CBT]

pipeline-1188125
gk intermediate

Trade liberalization has helped India improve its _____________ in industries with medium-to-high technology content.

[SSC CPO 2023]

pipeline-1188127
gk intermediate

Which of the following documents provides a framework, rules and regulations for setting up public and private industries in India ?

[SSC CGL 2024]

pipeline-1187959
gk intermediate

_______ of trade refers to the type of goods and services a country exports and imports.

[RRC GROUP D]

pipeline-1188139
gk intermediate

Match the following items.
List I List II
i. Global System of Trade Preferences a. 2021
ii. India-Gulf Cooperation Council Free Trade b. 1988
Agreement
iii. The India-Republic of Korea Comprehensive c. 2004
Economic Partnership Agreement
iv. 7th Trade Policy Review d. 2010

[SSC CGL 2024]

pipeline-1188126
gk match_following intermediate

The balance of imports and exports of goods is referred to as

[RRB NTPC CBT]

pipeline-1188121
gk intermediate

The country can improve its balance of payments by devaluation when the sum of elasticity of demand for exports and imports is _____.

[SSC CGL 2023]

pipeline-1188122
gk intermediate

WTO sets the rules for:

[RRB NTPC CBT]

pipeline-1188135
gk intermediate

net exports = total exports -_______.

[SSC GD 2022]

pipeline-1188119
gk intermediate

The Industrial Licensing had been abolished for all projects EXCEPT for a short list of industries through the amendments in NIP(New industrial policy) in the year ________.

[NTPC CBT 2]

pipeline-1187960
gk intermediate

Which of the following policy measures is a step towards liberalisation ?

[SSC CPO 2023]

pipeline-1187940
gk intermediate

What is the term for the policy of replacing or substituting imports with domestic production?

[SSC GD 2024]

pipeline-1188120
gk intermediate

Which of the following is the most traditional mode of entering into the foreign market ?

[SSC CPO 2024]

pipeline-1188128
gk intermediate

In which year did the Indira Gandhi government devalue the Indian rupee?

[RRC GROUP D]

pipeline-1187528
gk intermediate
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