31
A patient travelling to India for medical treatment falls under which mode of supply of service?
A)
Consumption Abroad
B)
Cross Border Trade
C)
Commercial Presence
D)
Presence of Natural Persons
Answer & Solution
Answer: Option
A
32
Which of the following are engaged in external influence?
A)
Political policies
B)
Legal practices
C)
Both A and B
D)
Neither A nor B
Answer & Solution
Answer: Option
B
33
Match the following with respect to the negative list of imports.
List-I List-II
a. Freely importable
1. They are the items that are allowed to be imported by specific public sector agencies
b. Prohibited list
2. These are the items which are allowed to be imported only after importing license by the actual users of the import
c. Restricted list
3. It comprises of items that are totally banned
d. Canalised list
4. There are no quantitative restriction
A)
a-2, b-1, c-4, d-3
B)
a-4, b-3, c-2, d-1
C)
a-1, b-2, c-4, d-3
D)
a-1, b-4, c-2, d-3
Answer & Solution
Answer: Option
B
34
Which country leads the maximum inflowof FDI in India?
A)
USA
B)
France
C)
Mauritius
D)
UK
Answer & Solution
Answer: Option
C
35
In balance of payment accounts, all goods exported and imported are recorded in
A)
capital account
B)
current account
C)
invisible account
D)
merchandise account
Answer & Solution
Answer: Option
B
36
Arrange the following steps of 'international product life cycle theory' in a correct order.
A)
2, 4, 1, 3
B)
3, 1, 4, 2
C)
4, 3, 2, 1
D)
4, 2, 3, 1
Answer & Solution
Answer: Option
A
37
Quantitative restrictions refer to limit set by countries to curb
A)
imports
B)
exports
C)
imports and exports
D)
none of these
Answer & Solution
Answer: Option
C
38
In international marketing, export documentation framework engulfs which one of the following?
A)
Export census documents compiled by the department of commerce
B)
Shipper's Export Declarations (SEDs)
C)
Foreign commercial service including websites of individual countries
D)
All of the above
Answer & Solution
Answer: Option
D
39
Match the following.
List-I (Theories of International Trade) List-II (Features)
a. Theory of mercantilism
1. It is developed by John Stuart Mill
b. Theory of absolute advantage
2. What each country will export and what it will import is determined by comparative differences in labour costs
c. Theory of comparative cost
3. It refers to the ability of a country to produce a good more
d. Theory of reciprocal demand
4. It attributes and measures the wealth of a nation by the size of its accumulated treasures
A)
a-4, b-3, c-2, d-1
B)
a-3, b-1, c-4, d-2
C)
a-1, b-4, c-2, d-3
D)
a-1, b-2, c-3, d-4
Answer & Solution
Answer: Option
A
40
The current account is made up of visibles and . . . . . . . .
A)
invisible
B)
constraint
C)
expert
D)
none of these
Answer & Solution
Answer: Option
A
