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International Trade Test - 3

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International Trade Test - 3
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  • Question 1
    1 / -0.25

    Agricultural products account for

    Solution

    Tea is the principle commodity.

  • Question 2
    1 / -0.25

    India 's balance of trade is

    Solution

    India 's balance of trade is negative because of our increasing demand and growing economy.

  • Question 3
    1 / -0.25

    Total trade of India with Latin America is

    Solution

    There are 43 countries but India 's trade with this region is not very significant.

  • Question 4
    1 / -0.25

    Indira Gandhi International Airport is located in :

    Solution

    Indira Gandhi International Airport is located in Delhi. Safdarjung Airport was built in 1930 and was the main airport for Delhi until 1962. Due to increasing passenger traffic at Safdarjung, civilian operations were moved to Palam Airport and later renamed to Indira Gandhi International Airport.

  • Question 5
    1 / -0.25

    Marmagao is an important port of:

    Solution

    Marmagao Port is an important port of Goa and occupies fifth position in handling the traffic. It is situated at the entrance of the Zuari estuary and is a natural harbour in Goa. Hinterland of this port covers whole of Goa and north Karnataka coastal region and southern Maharashtra.

  • Question 6
    1 / -0.25

    Mumbai is a :

    Solution

    It is a natural harbour.

  • Question 7
    1 / -0.25

    Most of India ’s foreign trade is carried through:

    Solution

    Most of India 's foreign trade is carried through sea and air routes. However, a small portion is also carried through land routes to neighboring countries like Nepal, Bhutan, Bangladesh and Pakistan.

  • Question 8
    1 / -0.25

    The body managing Indian air ports is

    Solution

    The Airports Authority of India (AAI) was formed on  1st April 1995  by merging the International Airports Authority of India and the National Airports Authority with a view to accelerate the integrated development, expansion and modernization of the operational, terminal and cargo facilities at the airports in the country conforming to international standards.

  • Question 9
    1 / -0.25

    The total exports from India to West Europe account for

    Solution

    Major items are tea, tobacco, ready made garments, etc.

  • Question 10
    1 / -0.25

    India 's share in the total world export trade is

    Solution

    It had declined from 2.1% (1950).

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