3 Questions
Match the following foreign trade measures with their descriptions:
Special Economic Zones (SEZ) = Designated areas with special economic regulations to attract foreign investment and promote exports Export Oriented Units (EOUs) = Special units that are oriented towards exporting goods and services Joint ventures = Collaborative business arrangements between Indian and foreign companies Foreign investments promotion = Measures to attract and facilitate investments from and into India
Match the following terms with their descriptions related to foreign trade financing:
Letter of Credit (LC) = A financial document issued by a bank guaranteeing payment to a seller on behalf of a buyer Bill of Exchange = A written order to pay a certain sum of money to a specified person Export-Import Bank (EXIM Bank) = A government agency that provides financial assistance to exporters and importers Trade finance = Methods and instruments used to facilitate international trade and commerce
Match the following with their roles in foreign trade promotion:
Directorate General of Foreign Trade (DGFT) = Regulatory authority responsible for formulating and implementing foreign trade policies Export Promotion Councils (EPCs) = Organizations that promote and support specific export sectors or commodities Indian Trade Promotion Organization (ITPO) = Facilitates trade fairs, exhibitions, and promotional activities to boost Indian exports Foreign Trade Development Council (FTDC) = A body that facilitates and promotes foreign trade development initiatives and collaborations
Test your knowledge of foreign trade promotion and financing with this quiz! Explore measures and organizations in India, including special economic zones and export-oriented units. Learn about promoting foreign investments into and from India, Indian joint ventures, and acquisitions abroad.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
