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

In which year was the rupee devalued for the first time by nearly 37%?

pipeline-1241524
ib intermediate

The industrial sector of the country was divided into how many schedules under the Industrial Policy Resolution 1956?

pipeline-1241522
ib intermediate

________ means the transfer of ownership, management and control of public sector enterprises to the private sector.

pipeline-1246973
ib intermediate

The year 1991 is significant in Indian economic history because it marks the beginning of the:

pipeline-1268312
ib intermediate

The difference between exports and imports is called____________________.

pipeline-1233405
ib intermediate

Which of the following refers to the transfer of ownership, management and control of public sector enterprises to private sector entrepreneurs?

pipeline-1268210
ib intermediate

Which of the following is/are related to Special Economic Zones (SEZ)?

I. Import of goods for free domestic procurement or circulation, maintenance and development of SEZ units.

II. There is a single window of clearance for central and state level approvals.

III. Custom officials do not go for regular checking of goods for import and export.

pipeline-1268299
ib intermediate

Which of the following statements is correct about privatisation?
Statements:
I. It promotes economic efficiency
II. It delimits the interference of bureaucracy
III. It leads to market failure

pipeline-1264181
ib intermediate

Which of the following statements is/are true about globalisation?

I. It is about integration with world economies

II. It promotes competition among producers

III. Appreciation of domestic currency improves exports

pipeline-1264182
ib intermediate

The sale or liquidation of assets by the government , usually Cent ral and State public sect orent erprises, project s, or other fixed assets is called ______.

pipeline-1258312
ib intermediate

How can currency depreciation stimulate an increase in net exports?

1. By reducing export costs
2. By reducing import prices

Select the answer using the code given below :

pipeline-1255861
ib intermediate

In which year was the Indian rupee devalued against foreign currencies as an immediate measure to resolve the balance of payments crisis?

pipeline-1233641
ib intermediate

Which of the following refers to the transfer of ownership, management and control of public sector enterprises to private sector entrepreneurs?

pipeline-1229005
ib intermediate

Which of the following best describes the nature of the Indian economy?

pipeline-1139223
delhi_police intermediate

______ refers to the measure related to the sale of assets for the achievement of some purpose.

pipeline-1243531
delhi_police intermediate

_____ restrict/s import/s and help/s domestic producers from foreign competition.

A. Tariffs

B. Quotas

pipeline-1173027
delhi_police intermediate

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

pipeline-1103259
delhi_police intermediate

Which of the following refers to the transfer of ownership, management and control of public sector enterprises to private sector entrepreneurs?

pipeline-1230674
delhi_police intermediate

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

pipeline-1203224
delhi_police intermediate

Which of the following is a possible criticism of privatisation?

pipeline-1198588
delhi_police intermediate

In which year was the Indian rupee devalued against foreign currencies as an immediate measure to resolve the balance of payments crisis?

pipeline-1195043
delhi_police intermediate

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

pipeline-1243666
delhi_police intermediate

According to the Industrial Policy Resolution 1956, in how many categories were the industries classified in India?

pipeline-1201084
delhi_police intermediate

Which of the following is not an important factor in the Indian Economy?

pipeline-1155356
delhi_police intermediate

_____ restrict/s import/s and help/s domestic producers from foreign competition.

A. Tariffs

B. Quotas

pipeline-1195203
delhi_police intermediate

Which of the following is a feature of globalisation?

pipeline-853746
railways intermediate

Which of the following is a possible criticism of privatisation?

pipeline-842627
railways intermediate

_____ restrict/s import/s and help/s domestic producers from foreign competition.

A. Tariffs

B. Quotas

pipeline-1154420
railways intermediate

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

pipeline-1096846
railways intermediate

Which of the following is NOT a component of liberalisation?

pipeline-1299258
railways intermediate

Economic planning is an essential feature of which of the following economies?

pipeline-1300571
railways intermediate

Which of the following methods can be used for liberalisation?

pipeline-1300690
railways intermediate

Which of the following is a push factor of globalisation of business?

pipeline-1300692
railways intermediate

In which year was the rupee devalued for the first time by nearly 37%?

pipeline-1297215
railways intermediate

Which of the following is called investment by a resident direct investor in a non-resident direct investment enterprise?

pipeline-1297335
railways intermediate

The industrial sector of the country was divided into how many schedules under the Industrial Policy Resolution 1956?

pipeline-1295905
railways intermediate

The difference between exports and imports is called ____________________.

pipeline-1299255
railways intermediate

The economic reforms of 1991 aimed to transform India into which of the following types of economy?

pipeline-1291033
railways intermediate

How can currency depreciation stimulate an increase in net exports?

1. By reducing export costs
2. By reducing import prices

Select the answer using the code given below :

pipeline-1291789
railways intermediate

Which of the following is NOT associated with the Industrial Policy Resolution, of 1956?

pipeline-1289649
railways intermediate

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

pipeline-1289890
railways intermediate

In which type of economy there is neither exports nor imports?

pipeline-1269758
railways intermediate

______ refers to the measure related to the sale of assets for the achievement of some purpose.

pipeline-1269644
railways intermediate

Which of the following refers to the transfer of ownership, management and control of public sector enterprises to private sector entrepreneurs?

pipeline-1269643
railways intermediate

Which of the following refers to the transfer of ownership, management and control of public sector enterprises to private sector entrepreneurs?

pipeline-1263226
railways intermediate

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

pipeline-1360834
railways intermediate

What is the balance of trade of a country?

pipeline-1040783
railways intermediate

Which of the following is a possible criticism of privatisation?

pipeline-1036698
railways intermediate

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

pipeline-1021992
railways intermediate

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

pipeline-1021903
railways intermediate
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