When exports are more than imports, trade is:
  • Favourable
  • Unfavourable
  • Opposite
  • Unbalanced
In which trading block is Iceland?
  • EU
  • E.F.T.A.
  • NAFTA
  • OPEC
How many countries are there in OPEC?
  • 10
  • 11
  • 12
  • 13
Which is not included in SAARC?
  • India
  • Pakistan
  • Nepal
  • Iran
Which is a river port?
  • Mumbai
  • Kochi
  • Kolkata
  • Karachi
Silk route was between:
  • China and Rome
  • China and India
  • Japan and Sri Lanka
  • Africa and China
Slave trade was abolished in the USA in:
  • 1708
  • 1758
  • 1778
  • 1808
The Headquarters of EU are at:
  • London
  • Paris
  • Brussels
  • Berlin
GATT was formed in:
  • 1904
  • 1924
  • 1954
  • 1994
Which is a Port of Call?
  • Aden
  • Karachi
  • Goa
  • Chennai
Most of the world’s great ports are classified as:
  • Naval Ports
  • Oil Ports
  • Comprehensive Ports
  • Industrial Ports
Which one of the following continents has the maximum flow of global trade?
  • Asia
  • North America
  • Europe
  • Africa
Which one of the following South American nation is a part of OPEC?
  • Brazil
  • Chile
  • Venezuela
  • Peru
In which of the following trade blocks, is India an associate member?
  • SAFTA
  • QECD
  • ASEAN
  • OPEC
Which element of India’s International trade has changed?
  • Amount
  • Composition
  • Direction
  • All the above
What is India’s share in world trade?
  • 1%
  • 2%
  • 3%
  • 4%
What was the reason for the decline of import of foodgrains?
  • Green revolution
  • Decline in population
  • Decrease in the birth rate
  • Import duty
Which country is the largest trading partner of India?
  • Britain
  • China
  • the USA
  • Pakistan
India has ______ major ports.
  • 6
  • 8
  • 10
  • 12
What is the cargo handling capacity of Indian ports (million tonnes)?
  • 100
  • 300
  • 500
  • 700
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