BRICS, India and Brazil Trade and Investments & Taxes

Q.

Supposing you find two people arguing: One is saying globalisation has hurt our country’s development. The other is telling, globalisation is helping India develop. How would you respond to these organisations?

Q. is a single tax on the supply of goods and services.

1. NSG
2. GST
3. GFI

Q. Which of the following nation/s are part of the BRICS?

1. Russia
2. France
3. South Africa
4. China

Q.

How does foreign trade lead to integration of markets across countries? Explain with an example other than those given here.

Q. Which of the following statement(s) is/are correct regarding the below chart showing India's export and import from Brazil?

1. India imported the most in the year 2014.
2. India imported the least in the year 2008.
3. India exported the most in the year 2011.
4. India exported the least in the year 2009.

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Pick the commodities that India exports.

1. Electronics
2. Leather goods
3. Crude oil
4. Silk

Q. Which country joined the last in the BRICS bloc?

1. Brazil
2. China
3. South Africa
4. India

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Industries cluttering together to take advantage of all the services offered by the urban centres is known as ___________.

1. Agglomeration economies
2. Urbanisation economies
3. Globalisation economies
4. Aggregation economies

Q.

Distinguish between foreign trade and investment.

Q. Which of the following sectors in India get good Brazilian investments?

1. Automobiles
2. IT
3. Sugar Industry
4. Mining
5. Energy
6. Bio-fuels
7. Footwears
8. Gadgets

Q. What is the difference between tax and trade barrier?