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IIBM – Indian Foreign Trade Answer sheet

IIBM – Indian Foreign Trade Answer sheet


Part One:


Q1. Which of the following is NOT an initiative for attracting a higher Quantum of FDI?

  1. Further Liberalization of Foreign Trade Policy
  2. Rationalization of Labour Policy
  3. Development of Infrastructure
  4. Increase in Joint ventures

Q2. ECB stands for ______________________________

Q3. The textile and garment exports have been affected due to __________________

Q4. _____ is a popular export inductive scheme.

Q5. To overcome many of the problems associated with the advanced licensing system this scheme was introduced

  1. Passbook Scheme
  2. EPGC Scheme
  3. Post Export Duty Exemption Scheme
  4. Duty Drawback Scheme

Q6. Which of the following is a potential Export product

  1. Automobile Products c. Agricultural Products
  2. Leather Products d. Engineering Products

Q7. To give a special trust for the export of computer software of the following scheme was developed

  1. DEPB Scheme
  2. EPCG Scheme
  3. EOU/EPI Scheme
  4. Duty Exemption scheme

Q8. It is a bilateral agreement between two countries to purchase specific amounts of each other’s products over a specified period

  1. Swap
  2. Switch
  3. Clearing
  4. Evidence Accounts

Q9. TRIPS stands for ____________________________

Q10. The Foreign Investment Promotion Board does not consist of which of the following member

  1. Secretary Minister of External Affairs
  2. Industry Secretary – Chairman
  3. Foreign Investment Minister
  4. Finance Secretary

Part Two:

Q1. Write a short note on ‘Globalisation’.

Q2. Differentiate between Current Account Convertibility and Capital Account Convertibility.

Q3. Define ‘Deemed Exports’.

Q4. Discuss the measures announced in the Union Budget 1990 – 00 for Trade Policy Reforms.

Q5. Give some suggestions to improve the Government and Public Relations.

Q6. Discuss the measures adopted by the bank to promote its retail products.

Q7. Evaluate the impact of strategies on the financial performance of the firm.

Q8. What are the major features of EXIM policy 1992 – 97?

Q9. Discuss the elements of the Capital Account.

Q10. Describe the state’s role in Export Promotion


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