UPSC question paper – 2015-2020 – Indian Industries & Trade





#1. With reference to Trade-Related Investment Measures (TRIMS), which of the following statements is/are correct? [2020] 1. Quantitative restrictions on imports by foreign investors are prohibited. 2. They apply to investment measures related to trade in both goods and services. 3. They are not concerned with the regulation of foreign investment. Select the correct answer using the code given below :

#2. With reference to the international trade of India at present, which of the following statements is/are correct? [2020] 1. India’s merchandise exports are less than its merchandise imports. 2. India’s imports of iron and steel, chemicals, fertilisers and machinery have decreased in recent years. 3. India’s exports of services are more than its imports of services. 4. India suffers from an overall trade/current account deficit. Select the correct answer using the code given below :

#3. With reference to Foreign Direct Investment in India, which one of the following is considered its major characteristics ? (2020)

#4. Consider the following statements: [2019] 1. Coal sector was nationalized by the Government of India under Indira Gandhi. 2. Now, coal blocks are allocated on lottery basis. 3. Till recently, India imported coal to meet the shortages of domestic supply, but now india is self-sufficient in coal production. Which one of the following statements given above is/ are correct?

#5. Consider the following statements [2018] 1. The quantity of imported edible oils is more than the domestic production of edible oils in the last five years. 2. The Government does not impose any customs duty on all the imported edible oils a special case. Which of the statements given above is/are correct

#6. Consider the following countries : [2018] 1. Australia 2. Canada 3. China 4. India 5. Japan 6. USA Which of the above are among the 'free-trade partners' of ASEAN ?

#7. India enacted The Geographical Indications of Goods (Registration and Protection) Act, 1999 in order to comply with the obligations to (2018)

#8. With reference to 'Quality Council of India (QCI)', consider the following statements: [2017] 1. QCI was set up jointly by the Government of India and the Indian Industry. 2. Chairman of QCI is appointed by the Prime Minister on the recommendations of the industry to the Government. Which of the above statements is/are correct?

#9. With reference to pre-packaged items in India, it is mandatory to the manufacturer to put which of the following information on the main label, as per the Food Safety and Standards (Packaging and Labelling) Regulations, 2011? [2016] 1. List of ingredients including additives 2. Nutrition information 3. Recommendations, if any, made by the medical profession about the possibility of any allergic reactions 4. Vegetarian/non-vegetarian Select the correct answer using the code given below

#10. Recently, India’s first ‘National Investment and Manufacturing Zone’ was proposed to be set up in (2016)


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