NIRMALA COLLEGE OF COMMERCE

MALAD (E)
T.Y.B.COM SEM-V (ATKT)
SUBJECT- Export Marketing
Question Bank- 2020

Select the most appropriate answer from the

options given below:

1. In export marketing there is _____ faced competition.

(one/two/three/four)

2. India’s share in the world’s merchandise exports was ____in

2017. (1.2%/1.7%/1.5%/1.8%)

3. India exports its product to over _____countries in the world.

(160/150/210/200)

4. The largest importer of India goods was ___in 2017-2018.

(USA/China / Germany/ Japan)

5. In India exporters should realize their export proceeds within a

period of ___ days. (150/ 180/160/170)

6. About _____% of India’s export are from small scale sector.

(25%/28%/33%/35%)
7. In India the maximum number of small units is located in ___.

(UP/MP/Rajasthan /Jharkhand)

8. The world market faced recession in 2008 and 2009 due to

subprime crisis of ____. (USA/ Japan/Germany/France)

9. Export marketing means _____. (goods beyond the national

boundaries /services beyond national boundaries/ goods and

services beyond the national boundaries/ goods and

services within national boundaries)

10. In export marketing, marketing operations are on large scale

in order to have ______. (proper production and distribution of

goods / economies of large scale production/ to prevent

domestic economy/ none of the above)

11. In export marketing exporter faces three faced competition

which include ____. (competition from other suppliers of

exporter country/ competition from local producer of

importing country / competition from exporters of competing

nation/ all of the above)

12. Export marketing is subject to _____. ( uncertainties/

political and commercial risk/ insolvency of the buyer/ all of

the above)
13. Export marketing is controlled by _____. (national forums/

international forums/export consortia/ none of these)

14. Valuable foreign exchange is mainly required to pay ____.

(import of capital goods and raw materials/ import of spare

parts and components/ import of advanced technical skills

and knowledge/ all of the above)

15. Large scale exports help to solve _____. ( domestic problems/

balance of payment problems/ political problems/ none of

these)

16. Export trade provides ______. (more employment

opportunities/ maintain economic and social relations/

opportunities in service sector/ all of the above)

17. Composition of India’s export can be viewed by_____.

(merchandise/ direction of exports/ region wise exports/ all of

the above)

18. Problem of India’s export sectors is concerned with ____.

(trade barriers/ customs and documentation

formalities/diverse language/ all of the above)

19. Commercial risk arises due to _____. (default of payment by

importer/ non acceptance of goods by importer/ insolvency of

buyer/ all of the above)

20. Some of the political risk are generally covered by ECGC

which includes_____. (imposition of restrictions on remittances

of buyers government/ conciliation of valid import licence/

conciliation of valid export licence/ all of the above)

21. Exporters must include force majeure clause in his

international contract to cover the risks quakes to ____.

(floods/earthquakes/tsunami/ all of the above)

22. Base of global trade is ______. ( domestic dependence/

international dependence / foreign direct investment / none of

these)

23. India’s exports are ______. (more than imports/ less than

imports/ equal to imports/ all of the above)

24. Export marketing is _____ in character. (flexible/ in elastic/

static/ none of these)

25. India’s export to about ____ countries in the world.

(230/240/250/270)

26. _____ is tariff barriers. (Quota system/product

standard/product labelling/specific duty)

27. The word ad valorem comes from _____which means

‘according to value’. (German/Latin/Greek/French)

28. Historically ____duties are confined to agricultural products

as their prices frequently vary mostly due to natural factors.

(specific duty/ Ad valorem duty/combined duty/sliding scale

duty)

29. ____is the highest degree of economic integration. (Free

trade area/customs union /economic union/preferential

trade arrangement)

30. SAPTA was signed in the year_____.

(1990/1992/1995/1998)

31. SAPTA was signed by _____countries of South Asia.

(four/five/ six/ seven)

32. The ESCC led to European Economic Community (EEC) in

____. (1955/1956/1957/1958)

33. At present there are ____ member nations of European

Union. (27/28/24/22)

34. The ASEAN was established in _____.

(Bangkok/UK/France/Italy)

35. The economic cooperation began at the first ASEAN summit

in Bali in _____. (1974/1975/1976/1977)

36. SAARC was launched in December 1985 by ____nations of

South Asia. (five/four/seven/six)

37. In 2007 _____joined SAARC as its 8th member nation.

(Pakistan/Srilanka/Afghanistan/Bhutan)

38. _____is the largest trading bloc in the world.

(SAARC/ASEAN/NAFTA/EU)

39. In 1947____countries signed the General Agreement on

Tariffs and Trade? (22/23/24/25)

40. In _____WTO replaced GATT. (1994/1996/1997/1995)

41. _____is member of ASEAN. (India/China/Malaysia/

Srilanka)

42. At present ____is the number one importers of US

agricultural items. (Japan/Canada/ France/German)

43. NAFTA came into force on 1st January ____.

(1995/1994/1996/1993)

44. WTO replaced ____. ( EU/ ASEAN/ SAARC/ GATT)

45. _____Agreement requires member countries to liberalise or

open up the service sector. (TRIPS/TRIMS/GATS/AOA)

46. AOA has reduced tariff duties on____ imports.

(industrial/agriculture/service/all of the above)

47. ____duty is based on physical characteristics of goods.

(combined/ Ad valorem/specific/ Sliding )

48. In ____ group of countries come together and fix quotas for

exports as well as imports for each country. (tariff quota/

bilateral quota/ unilateral quota/ multilateral quota)

49. In ____total import quantity is fixed without prior

consultations with the exporting countries. ( unilateral

quotas/bilateral quota/ multilateral quota/ tariff quota)

50. _____ is lowest degree of integration. (preferential trade

agreement/ free trade area/ common market/ customs

union)

51. _____ is an example of non-tariff barriers. (specific duty/

revenue tariff/ protective tariff/ quota system)

52. The FTP 2015-20 was announced on ____2015. (1st Jan/ 1st

April /1st May/ 1st June)

53. FTP 2015-20 aims at promoting ____ of the country.

(exports/ import/ service/ technology)

54. Trade barriers include _____. (tariff barriers only/ non-tariff

barriers only/ tariff and non-tariff barriers/ none of these)

55. Trade barriers are treated as major instruments which

frames _____. (trade policy of a country/ strategic policy of

the firm/ political policy/ none of the above)

56. Tariff barriers are known as______. (micro barriers/ macro

barriers/ quantitative barriers/ all the above)

57. Non-tariff barriers are known as ______. (macro barrier/

micro barriers/ qualitative barriers/ all of the above)

58. Transit Duty is imposed on a commodity when it ______.

(crosses local boundaries within the country/ national

boundaries of a country/crossed interstate boundaries/ all of

the above)

59. Non-tariff barriers are ______. ( micro barriers in nature/

qualitative barriers / in visible in nature/ all of the above)

60. MEIS mainly focuses on ____. (women centric products/

men centric products/ capital centric products/ all of the

above)

61. When imports or exports of certain items are done through

canalized agencies of the government such as _______.

(MMTC/NAFED/MITCO/all of the above).

62. The target for New FTP 2015-20 is put up to_____. (US$

1000 billion/ US$ 800 billion/ US$900 billion/none of the

above)
63. SEIS scheme shall mainly apply to _____. (service providers

located in India / industrial input providers located outside

India / SSI units in India/ all of the above)

64. Boosts to “Make in India” are to encourage _____. (to

manufacturing the goods within India / to manufacturing

the goods outside India/ to manufacturing and sell the goods

in local market/ none of the above)

65. Status category of one star status holders has a

performance criteria is _____. (US$ FOB value 25crs million /

US$ FOB value 3crs million/ US$ FOB value 2000crs

million/ US$ FOB value 200crs million)

66. Following item which is not included in the category of

prohibited items under negative list? (fur of domestic

animal/ human skeleton/ beef/ exotic birds)

67. TRIFED is a canalizing agency mainly deals with _______.

(Gum Karaya/ Mica waste/mineral ores/ petroleum products)

68. The item ‘Deoiled groundnut cakes’ is included in _____of

negative list of exports. (restricted items / prohibited items/

canalised agency items / none of the above)

69. Selected towns producing goods of_____ crores will be

notified under towns of excellence on the basis of potentials for

 growth in exports. (Rs 1000crores/ Rs 800crores/ Rs

500crores/ Rs 350crores)

70. For towns of excellence in hand loom sector threshold limit

is ______. (Rs 150 crores/Rs 800 crores/Rs 250 crores/ Rs

300 crores)

71. STP units enjoy _____ benefit. (duty free import/ duty free

DTA purchase/ NIFE benefits/ all of the above)

72. New EOUs are exempted from payment of corporate tax bloc

for _____ years. (five/seven/ten/one)

73. Negative list of export includes ____items. (canalised /non-

canalised/agricultural/ foreign)

74. SEZ can bring back their export proceeds in ____ days.

(360/475/221/160)

75. Nigar seeds can be exported only through _____ canalising

agency. (NAFED/ Indian oil ltd/MMTC/MOIL)

76. DGFT has ____ regional offices to assist in its functioning.

(32/33/45/31)

77. ____ is a prohibited item according to exporting list.

(cattle/camel/human skeleton/ fabrics)

78. Mica Waste and Scrap can be exported only through _____

canalising agency. ( MMTC/NAFED/IOC ltd/TRIFED)

79. According to the status category ____ is the US$ million

amount for Three star EH. (100/50/80/90)

80. Status holders of specified sectors shall be eligible for status

holder incentive scrip @_____ on the FOB value.

(1%/ 3%/4%/ 7%)

81. Star export houses com into the category of ______.

(NAFED/ MMTC/ VKGUY/Status Holder)

82. The status holders are allowed for ____ credit period. (

longer/shorter/zero/ Minimum)

83. The status holder can realise foreign exchange proceeds

within a period of ___ days. (180/360/240/390)

84. The FTP act was based on the year ____. (2015-2020/2016-

2020/2014-2019/2016-2021)

85. The SION is fixed on priority basis within ____ days.

(60/20/50/70)

86. MAI stand for ______. (Market Access Initiative/ Market

applicable intern/ market account initiative/market access

information)

87. BTP stands for _____. (Biotechnology park/ biodegradable

Park/ Biotech payment/ biotech purchase)

88. AEZ are benefited by ____ government. (central/ State/In

house/ union)

89. Textile and ___ sector is eligible for status holder incentive

scrip. (Jute/ tea /coffee/rubber)

90. MDA is provided for ____. (conducting market survey/

promotional activities/ opening showrooms in abroad/ all of

the above)

91. MDA is given to status holders in the range of ____ of the

actual expenditure incurred by them. (25% to 50%/ 20% to

40%/25% to 60%/ 40% to 75%)

92. MAI is provided by government of India for _____. (industrial

research/ to conduct market research/ to conduct product

research/ all of the above)

93. RCMC is issued by ____. (FIEO/ IIFI/ IIP/ EPC)

94. Commodity boards operate under the administrative control

of ______. (ministry of external affairs/ ministry of

finance/ministry of information/ ministry of commerce)

95. IIFT is an autonomous body registered under ____. (society

registration act/ partnership act/ companies act/ contract

act)
96. ITPO is equal to ____. (TFA/TDA+TFAI/TFAI/ all of the

above)

97. To develop packaging consciousness is the main function of

______. (IIP/ITPO/IIFT/all of the above)

98. _____items can be exported only through a government

agency. (canalised/computerised/ sterilized/short listed)

99. Export ___ refers to cooperative organisation for exporting

items of small units. (house/ consortium/ agency/company)

100. There are about ____EPCs in India. (18/28/38/48)

101. There are about ____ commodity boards in India.

(17/27/7/37)

102. ______promotes the exports of marine products.

(APEDA/FIEO/MPEDA/ITPO)

____promotes the exports of agricultural products. (APEDA

MPEDA/ITPO/FIEO)

103. _____assists exporters in trade fairs and exhibitions.

(ICA/ITPO/EIC/EPC)

104. _____ is a major training institution for foreign trade

courses. (ICA/IIP/IIFT/NCTI)

105. ___acts as a publicity wing of govt of India for trade.

(ITPO/NCTI/ ICA/FCI)
106. _____ promotes the exports of software exports.

(EHTP/STP/BTP/ICA)

107. _____allows import of new and second hand capital goods.

(ECGC scheme / MDA/ MAI/EPCG scheme )

108. _____scheme provides assistance to states for infrastructure

development for exports. (IRMAC/ASIDE/ECGC/MAI)

109. _____scheme assists small units in procuring raw materials

for export production. (ASIDE/ EPCG/IRMAC/MDA)

110. Export obligation is required under ____ scheme.

(EPCG/MDA/IRMAC/ASIDE)

111. DGFT needs ______ number. (IEC/ SEZ/NCTI/DGCI)

112. ICA was set up in the year _____. (1965/1975/1985/1955)

113. ICA is an autonomous ______organisation. (non-

profit/profit/founder/standard)

114. The export promotion councils are ______. (non-profit

organisations/ profit/ developing/ promoting)

115. The members of FIEO account for about ___% of India’s

export trade. (70/60/80/50)

116. ASIDE was announced in MARCH _____. (2002/

2004/2005/2006)
117. NER stands for ______. (North Eastern Region/ North

European region/ nil equity ratio/ North eastern ration)

118. A minimum of ____ % of NER scheme is reserved for Sikkim.

(20/30/40/10)

119. ITPO came into existence on _____1992. (2nd Jan/ 1st Jan/

3rd Jan/4th Jan)

120. _____ assists all the exporters.

(COC/TRIFED/NAFTA/SAPTA)