India's Exports

Description: This quiz aims to assess your knowledge about India's exports. You will be presented with questions related to the major export commodities, export destinations, and the impact of exports on the Indian economy.
Number of Questions: 14
Created by:
Tags: indian economy international trade exports
Attempted 0/14 Correct 0 Score 0

Which of the following is India's top export commodity?

  1. Petroleum Products

  2. Gems and Jewelry

  3. Textiles and Clothing

  4. Engineering Goods


Correct Option: A
Explanation:

Petroleum products are India's top export commodity, accounting for a significant share of the country's total exports.

Which country is India's largest export destination?

  1. United States

  2. China

  3. United Arab Emirates

  4. Singapore


Correct Option: A
Explanation:

The United States is India's largest export destination, followed by China and the United Arab Emirates.

What is the approximate value of India's total exports in 2022?

  1. $400 billion

  2. $500 billion

  3. $600 billion

  4. $700 billion


Correct Option: A
Explanation:

India's total exports in 2022 were approximately $400 billion, showcasing the country's growing presence in the global trade market.

Which sector contributes the highest percentage to India's total exports?

  1. Agriculture

  2. Manufacturing

  3. Services

  4. Mining


Correct Option: B
Explanation:

The manufacturing sector contributes the highest percentage to India's total exports, highlighting the country's strength in producing and exporting manufactured goods.

How has the growth of exports impacted India's economy?

  1. Increased economic growth

  2. Reduced unemployment

  3. Improved balance of payments

  4. All of the above


Correct Option: D
Explanation:

The growth of exports has positively impacted India's economy by increasing economic growth, reducing unemployment, and improving the balance of payments.

Which of the following is a major challenge faced by India in boosting its exports?

  1. Lack of infrastructure

  2. High production costs

  3. Restrictive trade policies

  4. All of the above


Correct Option: D
Explanation:

India faces several challenges in boosting its exports, including lack of infrastructure, high production costs, and restrictive trade policies.

What is the government of India doing to promote exports?

  1. Providing subsidies to exporters

  2. Simplifying export procedures

  3. Negotiating trade agreements

  4. All of the above


Correct Option: D
Explanation:

The government of India is taking various measures to promote exports, such as providing subsidies to exporters, simplifying export procedures, and negotiating trade agreements.

Which export promotion council is responsible for promoting the export of textiles and clothing from India?

  1. Textiles Export Promotion Council (TEPC)

  2. Apparel Export Promotion Council (AEPC)

  3. Carpet Export Promotion Council (CEPC)

  4. All of the above


Correct Option: D
Explanation:

Textiles Export Promotion Council (TEPC), Apparel Export Promotion Council (AEPC), and Carpet Export Promotion Council (CEPC) are all responsible for promoting the export of textiles and clothing from India.

What is the name of the government scheme that provides financial assistance to exporters?

  1. Export Credit Guarantee Corporation (ECGC)

  2. Export Import Bank of India (EXIM Bank)

  3. Merchandise Exports from India Scheme (MEIS)

  4. All of the above


Correct Option: A
Explanation:

Export Credit Guarantee Corporation (ECGC) is the government scheme that provides financial assistance to exporters by providing credit guarantees and insurance.

Which of the following is an example of a non-traditional export from India?

  1. Software

  2. Pharmaceuticals

  3. Automobiles

  4. Agricultural products


Correct Option: A
Explanation:

Software is an example of a non-traditional export from India, as it is a relatively new and growing export sector for the country.

How has the COVID-19 pandemic affected India's exports?

  1. Exports have increased

  2. Exports have decreased

  3. Exports have remained stable

  4. Exports have fluctuated


Correct Option: D
Explanation:

The COVID-19 pandemic has caused exports from India to fluctuate, as global demand for goods has been impacted by the pandemic.

Which of the following is a major export destination for India's agricultural products?

  1. United States

  2. China

  3. European Union

  4. All of the above


Correct Option: D
Explanation:

India's agricultural products are exported to various countries around the world, including the United States, China, and the European Union.

What is the approximate share of India's exports in the global trade market?

  1. 2%

  2. 3%

  3. 4%

  4. 5%


Correct Option: B
Explanation:

India's exports account for approximately 3% of the global trade market, showcasing the country's growing presence in international trade.

Which of the following is a major export destination for India's engineering goods?

  1. United States

  2. China

  3. European Union

  4. All of the above


Correct Option: D
Explanation:

India's engineering goods are exported to various countries around the world, including the United States, China, and the European Union.

- Hide questions