Tag: trade in agricultural produce - i

Questions Related to trade in agricultural produce - i

What is the major export of Tamil Nadu?

  1. Textile goods

  2. Drugs and pharmaceuticals

  3. Chemicals

  4. Leather and leather goods

  5. All of these


Correct Option: E
Explanation:

The major exports of Tamil Nadu include:

1. Textile goods
2. Drugs and pharmaceuticals
3. Chemicals
4. Leather and leather goods
5. Engineering goods
6. Ores and minerals
7. Software and electronics

Which port in Coromandel coast had trade links with Southeast Asian ports?

  1. Hoogly

  2. Cochin

  3. Surat

  4. None of these


Correct Option: A
Explanation:

India had trade through the sea routes in the pre-colonial period. Surat was the main port on the western coast, which connected India to the Persian Gulf and the Red Sea. On the Eastern coast, the main ports were Masulipatnam on the coromandel coast and Hoogly in Bengal. They had trade contacts with Southeast Asian ports.

At present, there are around ______ APMCs in Tamil Nadu.

  1. 100

  2. 200

  3. 300

  4. 400


Correct Option: C
Explanation:

At present, there are around 303 Agriculture Produce Marketing Centres (APMCs) distributed all over Tamil Nadu. The APMC is further classified into Primary and Secondary marketing centres and non-regulated marketing centres.

What are the major imports of Tamil Nadu?

  1. Mineral fuels and oils

  2. Electrical machinery equipment

  3. Iron and steel

  4. Natural and cultured pearls

  5. All of these


Correct Option: E
Explanation:

Major imports of Tamil Nadu include:

1. Mineral fuel and mineral oil
2. Electrical machinery equipment and spare parts
3. Iron and steel and articles of iron and steel
4. Natural and cultured pearls
5. Organic chemicals
6. Plastics and articles
7. Vegetable fats and oil products

What plays an important role in internal trade?

  1. Roadways

  2. Railways

  3. Both A & B

  4. None of these


Correct Option: C
Explanation:

Roadways and railways play an important role in the internal trade. In this type of trade, the national currency is involved to carry on the trade.

The primitive method of trade was known as _____.

  1. Karter system

  2. Barter system

  3. Master system

  4. Charter system


Correct Option: B
Explanation:

The primitive method of trade was known as the barter system where goods were exchanged for goods.

Which currency is used for internal trade?

  1. International currency

  2. National currency

  3. World Bank currency

  4. Euro currency


Correct Option: B
Explanation:

In internal trade, the national currency is used to carry on the trade.

What is called trade?

  1. Only buying of commodities

  2. Only selling of commodities

  3. Buying and selling of commodities

  4. None of these


Correct Option: C
Explanation:

Trade may be defined as "an exchange of goods and commodities either within the country or between countries." In simple terms, buying and selling of commodities is called trade and it may be local, regional, national and international.

What plays an important role in carrying out international trade?

  1. Roadways

  2. Railways

  3. Ports and harbours

  4. None of these


Correct Option: C
Explanation:

Ports and harbours play an important role in international trade.

Manchester of South India is _______.

  1. Delhi

  2. Coimbatore

  3. Mumbai

  4. Kolkata


Correct Option: B
Explanation:

  • Coimbatore is the 2nd largest city in Tamil Nadu, with more than 30,000 small, medium, large and tiny Industries and Textile Mills. 
  • Due to the industrial activity Coimbatore is known as Manchester of South India. The city is also known for its handloom products.