Tag: business organisation

Quizzes (48) Questions (651)

Questions Related to business organisation

Multiple choice business organisation conditions of purchase and sale and documents used in foreign trade foreign invoice procedure and documents used in foreign trade export and import procedures

In 1995-96, India's total exports have increased to ___________.

  1. Rs. 605 crores

  2. Rs. 1,06353 crores

  3. Rs. 2,06,465 crores

  4. Rs. 5,60,465 crores
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The exports of the financial year 1995-96 was 1,06,353  crore its was due to several reasons like:

  1. Export policies : The policies which were introduced during the period were favourable to exporters.
  2. Support from the financial institutions : financial institutions like EXIM (export import bank of india) also provided financial assistance to exporters and tried to export goods, services etc to foriegn countries.
  3. Privatization : the most important reason the exports increased was private companies, delicensing etc which influenced the people to manufacture products and services and export to foriegn countries.
This were the reasons why the exports in the year 1995-96 went high.

Multiple choice business organisation conditions of purchase and sale and documents used in foreign trade foreign invoice procedure and documents used in foreign trade export and import procedures

Upto 1966, India's share in the world export was ______________.

  1. 1 percent

  2. 10 per cent

  3. 12 per cent

  4. 15 per cent
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

India's share in world exports was approximately 1 percent up until 1966, reflecting the country's limited integration into the global market at that time.

Multiple choice business organisation conditions of purchase and sale and documents used in foreign trade foreign invoice procedure and documents used in foreign trade export and import procedures

What is the principal item of export in India (1992-93)?

  1. Pepper

  2. Oil cakes

  3. Coffee

  4. Handicrafts
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

In the early 1990s, handicrafts were a major component of India's export basket, reflecting the country's traditional strengths in labor-intensive goods.

Multiple choice business organisation conditions of purchase and sale and documents used in foreign trade foreign invoice procedure and documents used in foreign trade export and import procedures

When was the export-import policy 1992-97 announced by the government?

  1. March 31, 1991

  2. March 31, 1992

  3. March 31, 1993

  4. March 31, 1994
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The export and import policy was announced on 31st march 1992 which was announced by goverment of india to liberalize the imports and boost the imports.

Multiple choice business organisation conditions of purchase and sale and documents used in foreign trade foreign invoice procedure and documents used in foreign trade export and import procedures

Indian imports can be classified into _____________.

  1. 2 categories

  2. 3 categories

  3. 4 categories

  4. 5 categories
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Indian imports are traditionally classified into three main categories: capital goods, intermediate goods, and consumer goods.

Multiple choice business organisation conditions of purchase and sale and documents used in foreign trade foreign invoice procedure and documents used in foreign trade export and import procedures

At the time of independence, the three most important commodities in India's exports were _______________________.

  1. Pepper, Cashew Kernel and Oil Cakes

  2. Jute, Tea and Cotton Textiles

  3. Coffee, Tea and Pepper

  4. Wool, Mica and Vegetable Oils
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

During 1950-51, India’s total export was Rs. 606 crores of which agricultural products like jute, tea, textiles accounted for more than 50 percent of the export earnings. 

Multiple choice business organisation conditions of purchase and sale and documents used in foreign trade foreign invoice procedure and documents used in foreign trade export and import procedures

What was the growth rate of export in India in 1993-94?

  1. 10 per cent

  2. 15 per cent

  3. 21 per cent

  4. 28 per cent
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In the 1993-94 fiscal year, India's export growth rate was recorded at approximately 21 percent. This was a significant period of economic reform following the 1991 liberalization policies.

Multiple choice business organisation conditions of purchase and sale and documents used in foreign trade foreign invoice procedure and documents used in foreign trade export and import procedures

The State Trading Corporaton includes
1. The Cashew Corporation of India
2. The Handicrafts and Handloom Export Corporation
3. The State Chemicals and  Pharmaceuticals Corporation
4. The Central Cottage Industries Export Corporation
Which is correct?

  1. 1, 2 and 4

  2. 2, 3 and 4

  3. 1 and 3

  4. all the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The State Trading Corporation of India (STC) acts as an umbrella organization for various export-oriented subsidiaries. All the listed entities, including the Cashew Corporation and the Handicrafts and Handloom Export Corporation, are associated with or subsidiaries of the STC.

Multiple choice business organisation conditions of purchase and sale and documents used in foreign trade foreign invoice procedure and documents used in foreign trade export and import procedures

What does DFEC stand for?

  1. Direct Foreign Exchange Control

  2. Direct Finance Exchange Control

  3. Duty Free Export Credit

  4. Duty Free Exchange Credit
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Foreign exchange controls are various forms of controls imposed by a government on the purchase/sale of foreign currencies by residents or on the purchase/sale of local currency by nonresidents. Common foreign exchange controls include, Banning the use of foreign currency within the country.

Multiple choice business organisation conditions of purchase and sale and documents used in foreign trade foreign invoice procedure and documents used in foreign trade export and import procedures

India holds the ________ position of being the largest exporter in the world in select commodities such as basmati rice, tea, and ayurvedic products.

  1. 1st

  2. 2nd

  3. 10th

  4. 22nd
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

India holds the 1st  position of being the largest exporter in the world in select commodities such as basmati rice, tea, and ayurvedic products.