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JAIIB Exam 2025 IE&IFS Important Questions MCQs Quiz-8
JAIIB Exam Quiz 2025: The JAIIB exam is scheduled for 2025 by IIBF. Here, we are providing JAIIB IE&IFS MCQ-based quizzes on a regular basis. You can attempt the quizzes regularly to prepare for the upcoming JAIIB exam. The quizzes will be provided module-wise and unit-wise. You can attempt the JAIIB IE&IFS quizzes from the links below and improve your preparation by practicing regularly. These quizzes will help you boost your score in the JAIIB exam and guide you to clear the exam on your first attempt.
Q.1 Which scheme was introduced to merge multiple export incentive schemes, such as the Focus Product Scheme, Focus Market Scheme, and Vishesh Krishi Gram Udyog Yojana (VKGUY), into a single scheme with simplified conditions?
A. Special Economic Zone Scheme (SEZS)
B. Merchandise Export from India Scheme (MEIS)
C. Duty-Free Import Authorization Scheme (DFIA)
D. Export Promotion Capital Goods Scheme (EPCG)
Q.2 The Foreign Trade Policy (FTP) 2015-20 introduced two new schemes to promote exports. Which of the following correctly matches these schemes with their objectives?
A. MEIS for promoting service exports and SEIS for promoting merchandise exports
B. MEIS for exporting defined products to designated destinations and SEIS for promoting exports of designated services
C. MEIS for promoting agricultural exports and SEIS for promoting industrial exports
D. MEIS for promoting infrastructure exports and SEIS for promoting technology exports
Q 3 Which scheme replaced the “Served from India Scheme (SFIS)” under the Foreign Trade Policy (FTP)?
A. Merchandise Exports from India Scheme (MEIS)
B. Focus Market Scheme (FMS)
C. Vishesh Krishi Gram Udyog Yojana (VKGUY)
D. Service Exports from India Scheme (SEIS)
Q.4 Under the SEIS and MEIS, what was the unique feature of the scrips issued for trade facilitation?
A. The scrips could only be used by the issuing service providers
B. The scrips were restricted to non-transferable usage
C. The scrips and goods imported against them were fully transferable
D. The scrips were limited to specific regions within India
Q.5 Under the Export Promotion Capital Goods (EPCG) scheme, what was the reduction in the export obligation if capital goods were purchased from domestic producers?
A. 50%
B. 60%
C. 75%
D. 100%
Q.6 What was one of the measures introduced to ensure speedier and paperless communication with DGFT groups under the Foreign Trade Policy?
A. Mandatory in-person meetings with DGFT committees
B. Establishment of dedicated e-mail addresses for communication with groups like the Norms Committee and Exim Facilitation Committee
C. Requirement to submit hard copies of applications to DGFT offices
D. Introduction of physical drop boxes for faster document submission
Q.7 nder the Foreign Trade Policy, which export category through courier or foreign post office is eligible for MEIS benefits for values up to INR 25,000?
A. Heavy machinery and electronics
B. Processed foods and pharmaceuticals
C. Handloom products, books/periodicals, leather footwear, toys, and customized fashion garments
D. Automobiles and engineering goods
Q.8 Which scheme has been repositioned to align with the objectives of ‘Skill India’ and support MSME clusters to boost exports?
A. Export Promotion Capital Goods (EPCG) Scheme
B. Niryat Bandhu Scheme
C. Merchandise Export from India Scheme (MEIS)
D. Focus Market Scheme
Q.9 Which strategy is recommended to address India’s overdependence on a few items and markets in its international trade?
A. Focus solely on increasing exports to China
B. Diversify trading partners, exploring new markets like Africa,South-East Asia, and Latin America
C. Eliminate imports of non-essential products
D. Limit trade to high-value products from a few large suppliers
Q.10 Which proposals require clearance from the Cabinet Committee on Economic Affairs (CCEA) in India?
A. Proposals involving foreign equity infusion of more than Rs. 1,000 crores
B. Proposals for foreign investment under the automatic route
C. Proposals involving foreign investment from countries in the ASEAN
D. B. Proposals involving foreign equity infusion of more than Rs. 5,000 crores
Q.11 For defence manufacturing, which route allows up to 100% foreign direct investment (FDI) in India?
A. Automatic Route
B. Government Route
C. Both Automatic and Government Routes
D. Special FDI Route
Q.12 What is Brownfield FDI?
A. Investment in new ventures or startups in a foreign country
B. Investment in an existing firm or company in a foreign country
C. Investment in public sector companies
D. Investment in non-profit organizations abroad
Q.13 What is Greenfield FDI?
A. Investment in an existing firm in the destination country
B. Investment in a new venture where the parent corporation builds operations from scratch
C. Investment through stock purchase in a foreign company
D. Investment in government projects abroad
Q.14 Which of the following sectors is prohibited for Foreign Direct Investment (FDI) in India?
A. Development of townships
B. Construction of roads or bridges
C. Lottery business, gambling, and casinos
D. Real estate development for residential and commercial purposes
Q.15 Which of the following best describes short-term capital invested in stocks or hedge funds?
A. Stable and long-term capital investment
B. Generally volatile with potential for capital flight during economic or political instability
C. Primarily invested in government bonds and fixed-income securities
D. Predominantly invested in infrastructure development projects
Answer:
Q1: B
Q2: B
Q3: D
Q4: C
Q5: C
Q6: B
Q7: C
Q8: B
Q9: B
Q10: D
Q11: B
Q12: B
Q13: B
Q14: C
Q15: B
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