India's Foreign Trade and Policy [NTA-NET (UGC-NET) Management (& Allied Subjects) (17)]: Questions 4 - 6 of 70

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Question 4

Appeared in Year: 2017

Question MCQ▾

Statement I: TRIMS agreement refers to conditions or restrictions imposed on foreign investors.

Statement II: TRIMS agreement specifically forbids imposing restrictions on operations of an enterprise which result in protecting domestic products and making imports disadvantageous. (January Paper 2)

Choices

Choice (4)Response

a.

The statements I and II are incorrect.

b.

Statement I is correct, but II is incorrect.

c.

Statement II is correct, but I is incorrect.

d.

The statements I and II are correct.

Edit

Question 5

Appeared in Year: 2016

Question MCQ▾

As per the Foreign Trade Policy 2015 - 2020, a three star export house should have:

Choices

Choice (4)Response

a.

Export performance (FOB/FOR) of US $ 2000 million during current and previous two years.

b.

Export performance (FOB/FOR) of US $ 500 million during current and previous two years.

c.

Export performance (FOB/FOR) of US $ 100 million during current and previous two years.

d.

Export performance (FOB/FOR) of US $ 1000 million during current and previous two years.

Edit

Question 6

Question MCQ▾

INCO Term commonly applied internationally does not include the following terms for type of contract

Choices

Choice (4)Response

a.

F . O. B.

b.

C & F

c.

I. C. C.

d.

C. I. F

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