Manufacturing Exports and Imports

Description: Test your knowledge on Manufacturing Exports and Imports in India.
Number of Questions: 15
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Tags: manufacturing exports imports indian economy
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Which country is India's largest trading partner for manufacturing goods?

  1. China

  2. United States

  3. United Kingdom

  4. Germany


Correct Option: A
Explanation:

China is India's largest trading partner for manufacturing goods, accounting for over 20% of India's total manufacturing exports and imports.

What is the main category of manufacturing goods that India exports?

  1. Textiles and Apparel

  2. Chemicals and Pharmaceuticals

  3. Machinery and Equipment

  4. Electronics


Correct Option: A
Explanation:

Textiles and apparel are the main category of manufacturing goods that India exports, accounting for over 40% of India's total manufacturing exports.

Which country is the largest importer of Indian manufactured goods?

  1. United States

  2. China

  3. United Kingdom

  4. Germany


Correct Option: A
Explanation:

The United States is the largest importer of Indian manufactured goods, accounting for over 20% of India's total manufacturing exports.

What is the main category of manufacturing goods that India imports?

  1. Machinery and Equipment

  2. Chemicals and Pharmaceuticals

  3. Electronics

  4. Textiles and Apparel


Correct Option: A
Explanation:

Machinery and equipment are the main category of manufacturing goods that India imports, accounting for over 30% of India's total manufacturing imports.

Which country is the largest exporter of manufactured goods to India?

  1. China

  2. United States

  3. United Kingdom

  4. Germany


Correct Option: A
Explanation:

China is the largest exporter of manufactured goods to India, accounting for over 25% of India's total manufacturing imports.

What is the main factor that has contributed to the growth of manufacturing exports from India?

  1. Government policies

  2. Availability of skilled labor

  3. Low cost of production

  4. Foreign direct investment


Correct Option: C
Explanation:

The main factor that has contributed to the growth of manufacturing exports from India is the low cost of production, which makes Indian manufactured goods competitive in the global market.

What is the main challenge faced by Indian manufacturers in exporting their products?

  1. Lack of infrastructure

  2. High cost of raw materials

  3. Lack of access to finance

  4. Competition from foreign manufacturers


Correct Option: A
Explanation:

The main challenge faced by Indian manufacturers in exporting their products is the lack of infrastructure, which makes it difficult to transport goods to ports and airports.

Which government policy has been introduced to promote manufacturing exports from India?

  1. Make in India

  2. Export Promotion Capital Goods Scheme

  3. Special Economic Zones

  4. Foreign Trade Policy


Correct Option: A
Explanation:

The Make in India policy was introduced by the Indian government to promote manufacturing exports from India by providing incentives to foreign companies to set up manufacturing units in India.

What is the target set by the Indian government for manufacturing exports by 2025?

  1. $500 billion

  2. $1 trillion

  3. $1.5 trillion

  4. $2 trillion


Correct Option: B
Explanation:

The Indian government has set a target of $1 trillion for manufacturing exports by 2025.

What is the contribution of manufacturing exports to India's GDP?

  1. 15%

  2. 20%

  3. 25%

  4. 30%


Correct Option: A
Explanation:

Manufacturing exports contribute around 15% to India's GDP.

What is the main factor that has contributed to the growth of manufacturing imports in India?

  1. Growing domestic demand

  2. Liberalization of trade policies

  3. Appreciation of the Indian rupee

  4. Foreign direct investment


Correct Option: A
Explanation:

The main factor that has contributed to the growth of manufacturing imports in India is the growing domestic demand for manufactured goods.

What is the main challenge faced by Indian manufacturers in competing with foreign manufacturers?

  1. Lack of technology

  2. High cost of production

  3. Lack of access to finance

  4. Competition from domestic manufacturers


Correct Option: A
Explanation:

The main challenge faced by Indian manufacturers in competing with foreign manufacturers is the lack of technology, which makes it difficult for them to produce goods that are competitive in terms of quality and price.

Which government policy has been introduced to promote manufacturing imports in India?

  1. Make in India

  2. Export Promotion Capital Goods Scheme

  3. Special Economic Zones

  4. Foreign Trade Policy


Correct Option: D
Explanation:

The Foreign Trade Policy is a government policy that has been introduced to promote manufacturing imports in India by reducing tariffs and duties on imported goods.

What is the target set by the Indian government for manufacturing imports by 2025?

  1. $500 billion

  2. $1 trillion

  3. $1.5 trillion

  4. $2 trillion


Correct Option: C
Explanation:

The Indian government has set a target of $1.5 trillion for manufacturing imports by 2025.

What is the contribution of manufacturing imports to India's GDP?

  1. 15%

  2. 20%

  3. 25%

  4. 30%


Correct Option: B
Explanation:

Manufacturing imports contribute around 20% to India's GDP.

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