India's Trade in Services and FDI
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Mention any four special features of International Business?
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Briefly discuss various merits and limitations of outsourcing.
What benefits do firms derive by entering into international business?
Discuss some features of MNC’s which distinguish MNC’s from public sector co. and public sector enterprises.
Pick the error from the following news clipping:
The services sector is not only the dominant sector in India’s GDP, but has also attracted significant foreign investment flows, contributed significantly to exports as well as provided large-scale employment. The major categories of services exports includes software services, travel, business services and transportation.
The major categories of service exports includes financing, insurance, real estate, and business services.
There is no error in the news clipping
The major categories of services exports includes trade, hotel and restaurants, transport, and storage and communication.
- \N
What is included in invisible trade?
Services like international travel and tourism, transportation, banking, storage and warehousing, and advertising come under the umbrella of international trade in services.
False
True
Pick the error from the following news clipping:
Apart from being a critical driver of economic growth, foreign direct investment (FDI) is a major source of non-debt financial resource for the economic development of India. Foreign companies invest in India to take advantage of relatively lower wages, special investment privileges such as tax exemptions, etc. For a country where foreign investments are being made, it also means achieving technical know-how and generating employment. The top five sector wise FDI inflows would include telecom, transport, defense, computers and trading.
There is no error in the news clipping
The top five sector wise FDI inflows would include defense, restaurants, construction, computers and trading.
The top five sector wise FDI inflows would include telecom, transport, defense, computers and trading.
Apart from being a critical driver of economic growth, foreign direct investment (FDI) is a major source of both debt and non-debt financial resources for the economic development of India.
What is Multinational company? Explain its features
State the features of Multinational companies.
Name the service in which firm gets its tasks done by another firm.
India allows foreign firms to make 100 percent equity investments in many sectors.
True
False
US and European firms outsource customer and IT support jobs to India because of the better quality of human capital available in India.
True
False
1. The goods which cannot be seen or touched.
2. Name of the firm which is temporary partnership.
3. Name the international organization which dealing with rules of trade between nations.
MIGA.
| Group 'A' | Group 'B' |
| a) Departmental organization | 1) Private sector |
| b) Statutory company | 2) Operates globally |
| c) Multinational company | 3) Profit oriented |
| d) Public sector enterprise | 4) Objectives based agreement |
| e) Joint venture | 5) Service oriented |
| 6) Established by passing a special act | |
| 7) Government company | |
| 8) Sole-trading | |
| 9) Owned by government | |
| 10) Temporary partnership |
India’s share in global services exports is at 10%.
False
True
- External assistance
- Borrowing from the IMF
- Foreign Direct Investment
- Commercial borrowings
- POL
- Capital
Goods - Electronic
Goods - Gold
&
Silver - Chemicals
- Edible Oils
- Textiles
- Agriculture
- Mauritius
- Singapore
- Japan
- Netherlands
- USA
- Peru
- Afghanistan
- Chile
