Bank Theory

MCQs – Foreign Trade, Investments & International Economic Organizations 1. MCQ – Which of the following was a major feature of FTP 2015–2020? a) Import substitution b) Focus on "Make in India" and export promotion c) Nationalisation of trade d) Reduction in FDI Correct Answer: b) Focus on "Make in India" and export promotion 2. MCQ – The major shift in India’s trade policy in the 1990s was: a) Protectionism b) Liberalisation and Export Orientation c) Nationalisation d) Import Licensing Correct Answer: b) Liberalisation and Export Orientation 3. MCQ – Which of the following is considered Foreign Direct Investment (FDI)? a) Stock market investment b) Investment in physical assets or companies c) Purchasing bonds d) Buying gold Correct Answer: b) Investment in physic...

Foreign Trade Policy, Foreign Investments & Economic Development Foreign Trade Policy (FTP), Foreign Investments, and Economic Development Foreign Trade Policy (FTP) is a critical tool for managing a country’s trade with the world. FTP sets the strategic direction for exports, imports, and the promotion of economic growth. India’s foreign investments, particularly FDIs and FIIs, also play a significant role in its development. FTP – Structural Changes during the 1990s The 1990s marked a turning point in India’s foreign trade policy. Structural changes such as the reduction of tariffs, devaluation of the Indian Rupee, and the promotion of export-oriented industries were pivotal in boosting trade. FTP Policy – 2015-2020 The FTP for 2015-2020 aimed to expand India’s global trade share with a focus on value-added products and servic...