Indian Polity & Governance·MCQ Practice

Investment and Trade — MCQ Practice

Constitution VerifiedUPSC Verified
Version 1Updated 5 Mar 2026

Interactive MCQ Practice

Test your knowledge. Click “Solve” to reveal options, select your answer, then check the result. 5 questions available.

Q1hard

Consider the following statements about India's Foreign Direct Investment (FDI) policy: 1. FDI in multi-brand retail trading is permitted up to 51% under approval route 2. FDI in defense sector is allowed up to 74% under automatic route 3. FDI from countries sharing land border with India requires government approval irrespective of sector 4. Brownfield investments in pharmaceuticals require government approval Which of the statements given above are correct?

Q2medium

Which of the following best describes the constitutional provision under Article 301?

Q3medium

The Production Linked Incentive (PLI) scheme differs from traditional industrial incentives primarily because:

Q4hard

Consider the following about Special Economic Zones (SEZs) in India: 1. SEZs are governed by the SEZ Act, 2005 2. Units in SEZs are treated as foreign territory for trade operations 3. SEZ units can sell their entire production in domestic market without restrictions 4. SEZs require minimum area of 1000 hectares for multi-product zones Which of the statements given above are correct?

Q5easy

The Foreign Exchange Management Act (FEMA) 1999 replaced FERA primarily to:

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