Bissoy.com
Doctors Medicines MCQs Q&A

Consider the following with respect to India's merchandise trade In the world, India's merchandise export is largest to U.A.E followed by China In Asia, India's merchandise export is largest to U.A.E followed by China In Asia, India's merchandise import is largest from China followed by U.A.E Select the correct code answer using the code below

Consider the following with respect to India's merchandise trade In the world, India's merchandise export is largest to U.A.E followed by China In Asia, India's merchandise export is largest to U.A.E followed by China In Asia, India's merchandise import is largest from China followed by U.A.E Select the correct code answer using the code below Correct Answer 2 and 3 only

The right answer is 2 and 3 only
Key Points

MERCHANDISE EXPORT FROM INDIA IN 2019-20

S. No Asia World
1 UAE USA
2 China UAE
3 Hong Kong China
4 Singapore Hong Kong
5 Bangladesh Singapore

 

MERCHANDISE IMPORT TO INDIA IN 2019-20
S. NO Asia World
1 China China
2 UAE USA
3 Saudi Arabia UAE
4 Iraq Saudi Arabia
5 Hong Kong Iraq

 

Related Questions

The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong' arguments and which is/are ‘weak' arguments and accordingly choose your answer from the alternatives given below each question. Statement: The United States has launched what China calls the ‘largest trade war in economic history' and in its latest move targeted another $200 billion in Chinese export goods. The US-China spat is one of several trade fights picked by the protectionist President Donald Trump as his ‘America First' agenda disrupts trade relations among traditional allies. The growing share of international trade under threat has raised the prospect the escalating trade war could harm the global economy, shrinking investments and undermining supply chains. Why? Arguments: I. Several companies - including Total and Peugeot of France, and Russia's Lukoil - have said they are preparing to exit Iran ahead of US deadlines, the last of which is November 4. II. Trump argued the original deal from 2012 was lopsided in Seoul's favour but has also clouded the issue by appearing to link trade concessions to progress in his separate track of talks with nuclear-armed North Korea. III. Meanwhile, talks among the three NAFTA (North American Free Trade Agreement) signatories, launched after Trump demanded an overhaul of the ‘terrible deal', have snagged notably owing to the US demands to increase American content installed in duty-free autos. 
Arrange the following in correct sequence of import procedure.
1. Pre-import procedures are followed
2. Legal dimension of import procedure are checked
3. Retirement of import documents
4. Custom clearance for imported goods
5. Warehousing the goods
6. Import follow-up
Which of the following statements are correct regarding Virtual Water Trade (VWT)? 1. It refers to the import and export of hidden water in the form of products such as crop products, textiles, machinery and livestock which require water for production. 2. The concept was introduced by Tony Allan in 1993 to explain the import of water intensive products in arid and semi-arid regions in the Middle East and North Africa. 3. The World Water Council is headquartered at Marseille, France. Select the correct answer using the code given below:
With reference to the international trade of India at present, which of the following statements is/are correct? 1. India's merchandise exports are less than its merchandise imports. 2. India's imports of iron and steel, chemicals, fertilizers, 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 deficit. Select the correct answer using the code given below:
Each item consists of six sentences of a passage. The first and sixth sentences are given in the beginning as S1 and S6. The middle four sentences in each have been jumbled up and labelled as P, Q, R and S. You are required to find the proper sequence of the four sentences and markyour response accordingly on the Answer Sheet.
S1 :In a globalized world, no country can hope to impose tariffs without affecting its own economic interests.
S6 :The ongoing trade war also threatens the rules-based global trade order which has managed to amicably handle trade disputes between countries for decades.
P :So both the U.S. and China, which have blamed each other for the ongoing trade war, are doing no good to their own economic fortunes by engaging in this tit-for-tat tariff battle.
Q : Apart from disadvantaging its consumers, who will have to pay higher prices for certain goods, tariffs will also disrupt the supply chain of producers who rely on foreign imports.
R : China, which is fighting an economic slowdown, will be equally affected.
S :The minutes of the U.S. Federal Reserve June policy meeting show that economic uncertainty due to the trade war is already affecting private investment in the U.S., with many investors deciding to scale back or delay their investment plans
The correct sequence should be
Consider the following for the dissolution of trade unions under the Trade Union Act, 1926. Which of the following statement(s) is/are correct?
1. When a registered Trade Union is dissolved, notice of the dissolution is signed by nine members and by the Secretary of the Trade Union.
2. The notice of dissolution must be sent within ten days to the Registrar.
3. Where the dissolution of a registered Trade Union has been registered and the rules of the Trade Union donot provide forthe distribution of funds of the Trade Union on dissolution, the registrar shall divide the funds amongst the members in such manner as may be prescribed.
Consider the following statements with respect to the Export Preparedness Index, 2020: 1. It was published by the NITI Aayog in partnership with the Institute of Competitiveness. 2. It examines the export ecosystem of Indian States and Union Territories. 3. Policy, Business Ecosystem, Export Ecosystem and Export Performance are the four pillars of the Export Preparedness Index. 4. Gujarat emerged as the top-performing State in the 'Coastal States' category, followed by Kerala and Tamil Nadu. 5. In the category of 'Landlocked States', Madhya Pradesh is the best-performing State. Among 'Himalayan States' and 'City-States' Himachal Pradesh and Delhi are the top-performing States respectively. Which of the above statements are true?
Given below are six sentences of a  passage. The first and sixth sentences are given in the beginning as S1 and S6. The middle four-sentence in each have been jumbled up and labelled as P, Q, R and S. You are required to find the proper sequence of the four sentences. S1: In a globalised world, no country can hope to impose tariffs without affecting its own economic interests. S6: The ongoing trade war also threatens the rules-based global trade order which has manages to amicably handle trade disputes between countries for decades. P: So both the U.S. and China, which have blamed each other for the ongoing trade war, are doing no good to their own economic fortunes by engaging in tit-for-tat tariff battle. Q: Apart from disadvantaging its consumers, who will have to pay higher prices for certain goods, tariffs will also disrupt the supply chain of producers who rely on foreign imports. R: China, which is fighting an economic showdown, will be equally affected. S: The minutes of the U.S. Federal Reserve June policy meeting show that economic uncertainty due to the trade war is already affecting private investment in the U.S., with many investors deciding to scale back or delay their investment plans.
In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives. Indias motto has been Vasudeva Kutumbakam or that the whole world is _____ community. There are a _____ of pillars upon which Indias policy of living in peace with and _____ peace among nations of the world rests. Policies of non-alignment, peaceful co-existence, economic and cultural cooperation disarmament and peaceful _____ of nuclear energy, _____ of International disputes through negotiations and peaceful means are some of the salient features that give credence to Indias commitment to world peace. India's motto has been Vasudeva Kutumbakam or that the whole world is _____ community.
In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives. Indias motto has been Vasudeva Kutumbakam or that the whole world is _____ community. There are a _____ of pillars upon which Indias policy of living in peace with and _____ peace among nations of the world rests. Policies of non-alignment, peaceful co-existence, economic and cultural cooperation disarmament and peaceful _____ of nuclear energy, _____ of International disputes through negotiations and peaceful means are some of the salient features that give credence to Indias commitment to world peace. of living in peace with and _____ peace among nations of the world rests.