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Test: Trade and Commerce of Uttar Pradesh - UPPSC (UP) MCQ


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10 Questions MCQ Test Course for UPPSC Preparation - Test: Trade and Commerce of Uttar Pradesh

Test: Trade and Commerce of Uttar Pradesh for UPPSC (UP) 2024 is part of Course for UPPSC Preparation preparation. The Test: Trade and Commerce of Uttar Pradesh questions and answers have been prepared according to the UPPSC (UP) exam syllabus.The Test: Trade and Commerce of Uttar Pradesh MCQs are made for UPPSC (UP) 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Trade and Commerce of Uttar Pradesh below.
Solutions of Test: Trade and Commerce of Uttar Pradesh questions in English are available as part of our Course for UPPSC Preparation for UPPSC (UP) & Test: Trade and Commerce of Uttar Pradesh solutions in Hindi for Course for UPPSC Preparation course. Download more important topics, notes, lectures and mock test series for UPPSC (UP) Exam by signing up for free. Attempt Test: Trade and Commerce of Uttar Pradesh | 10 questions in 10 minutes | Mock test for UPPSC (UP) preparation | Free important questions MCQ to study Course for UPPSC Preparation for UPPSC (UP) Exam | Download free PDF with solutions
Test: Trade and Commerce of Uttar Pradesh - Question 1
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What is the primary difference between trade and commerce?

Detailed Solution for Test: Trade and Commerce of Uttar Pradesh - Question 1
Trade involves the exchange of goods and services, while commerce is a broader concept that includes activities such as transportation, finance, and logistics in addition to trade. The primary function of trade is the transfer of products, whereas commerce involves financial management, legal compliance, and support services. Therefore, Option A correctly captures the primary difference between trade and commerce.
Test: Trade and Commerce of Uttar Pradesh - Question 2
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Which of the following is NOT among the top exports from Uttar Pradesh?

Detailed Solution for Test: Trade and Commerce of Uttar Pradesh - Question 2
The top exports from Uttar Pradesh include agricultural products, textiles, chemicals, and pharmaceuticals. Petroleum products are not mentioned as one of the state's major exports in the provided information, making Option C the correct answer.
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Test: Trade and Commerce of Uttar Pradesh - Question 3
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What was the percentage increase in Uttar Pradesh's exports from April 2020 to March 2021 to April 2021 to February 2022?

Detailed Solution for Test: Trade and Commerce of Uttar Pradesh - Question 3
Based on the data provided, Uttar Pradesh witnessed a 29% increase in exports from April 2020 to March 2021 to April 2021 to February 2022, indicating a significant growth in the state's export performance.
Test: Trade and Commerce of Uttar Pradesh - Question 4
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Which country is NOT mentioned as a key export destination for Uttar Pradesh?
Detailed Solution for Test: Trade and Commerce of Uttar Pradesh - Question 4
Key export destinations for Uttar Pradesh, as mentioned, include the USA, UAE, Nepal, UK, and Germany. Singapore is not among the countries listed, making Option D the correct answer.
Test: Trade and Commerce of Uttar Pradesh - Question 5
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Which district in Uttar Pradesh retained its position as the highest exporting district?
Detailed Solution for Test: Trade and Commerce of Uttar Pradesh - Question 5
G.B. Nagar retained its position as the highest exporting district in Uttar Pradesh, accounting for 46% of the state's exports, as mentioned in the information provided.
Test: Trade and Commerce of Uttar Pradesh - Question 6
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What is the primary focus of the Udyog Bandhu committee established in Uttar Pradesh?
Detailed Solution for Test: Trade and Commerce of Uttar Pradesh - Question 6
The Udyog Bandhu committee, later reconstituted as "Invest UP," aims to streamline the establishment of industrial units and address related challenges in Uttar Pradesh.
Test: Trade and Commerce of Uttar Pradesh - Question 7
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What is the primary goal of the Uttar Pradesh Industrial Investment and Employment Promotion Policy 2022?
Detailed Solution for Test: Trade and Commerce of Uttar Pradesh - Question 7
The Uttar Pradesh Industrial Investment and Employment Promotion Policy 2022 focuses on expediting land availability for large investors, among other objectives, as approved by the state government.
Test: Trade and Commerce of Uttar Pradesh - Question 8
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Which industry does the Uttar Pradesh Textile and Garmenting Policy-2022 aim to promote?
Detailed Solution for Test: Trade and Commerce of Uttar Pradesh - Question 8
The Uttar Pradesh Textile and Garmenting Policy-2022 aims to position Uttar Pradesh as a global textile manufacturing hub, promoting various units related to the textile industry.
Test: Trade and Commerce of Uttar Pradesh - Question 9
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Which silk variety is exclusively produced in Assam and not in Uttar Pradesh?
Detailed Solution for Test: Trade and Commerce of Uttar Pradesh - Question 9
Muga silk is exclusively produced in Assam, making Option D the correct answer. Uttar Pradesh produces Mulberry, Tussar, and Eri silk varieties.
Test: Trade and Commerce of Uttar Pradesh - Question 10
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Which district is renowned for its global recognition of silk sarees?
Detailed Solution for Test: Trade and Commerce of Uttar Pradesh - Question 10
Varanasi is particularly famous for its silk sarees, contributing to the city's global recognition in the silk industry.
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