Q 1 – Silk route was between:
(A) China and Rome
(B) China and India
(Q Japan and Sri Lanka
(D) Africa and China
Ans. (A) China and Rome
Q 2 – Slave trade was abolished in the USA in:
(A) 1708
(B) 1758
(C) 1778
(D) 1808
Ans. (D) 1808
Q 3 – The Headquarters of EU are at:
(A) London
(B) Paris
(C) Brussels
(D) Berlin
Ans. (C) Brussels
Q 4 – GATT was formed in:
(A) 1904
(B) 1924
(C) 1954
(D) 1994
Ans. (D) 1994
Q 5 – When exports are more than imports, trade is:
(A) Favourable
(B) Unfavourable
(C) Opposite
(D) Unbalanced
Ans. (A) Favourable
Q 6 – In which trading block is Iceland?
(A) EU
(B) E.F.T.A.
(C) NAFTA
(D) OPEC
Ans. (B) E.F.T.A.
Q 7 – How many countries are there in OPEC?
(A) 10
(B) 11
(C) 12
(D) 13
Ans. (C) 12
Q 8 – Which is not included in SAARC?
(A) India
(B) Pakistan
(C) Nepal
(D) Iran
Ans. (D) Iran
Q 9 – Which is a river port?
(A) Mumbai
(B) Kochi
(C) Kolkata
(D) Karachi
Ans. (C) Kolkata
Q 10 – Which is a Port of Call?
(A) Aden
(B) Karachi
(C) Goa
(D) Chennai
Ans. (A) Aden
Q 11 – Most of the world’s great ports are classified as:
(A) Naval Ports
(B) Oil Ports
(C) Comprehensive Ports
(D) Industrial Ports
Ans. (C) Comprehensive Ports
Q 12 – Which one of the following continents has the maximum flow of global trade?
(A) Asia
(B) North America
(C) Europe
(D) Africa
Ans. (B) North America
Q 13 – Which one of the following South American nation is a part of OPEC?
(A) Brazil
(B) Chile
(C) Venezuela
(D) Peru
Ans. (C) Venezuela
Q 14 – In which of the following trade blocks, is India an associate member?
(A) SAFTA
(B) QECD
(C) ASEAN
(D) OPEC
Ans. (A) ASEAN