National Institute of Fashion Technology (NIFT), New Delhi 2007 Diploma Financial Management Fashion management (set1) - Question Paper

1.Which is not designated as a union territory?
A)chandigarh
B)goa
C)pondicherry
D)andaman & nicobar islands

2.sudhir tailand is a noted
A)nusician
B)cartoonist
C)painter
D)poet

3.arvind mills, a company of lalbhai group, makes jeans under which brand name?
A)lee
B)newport
C)pepe
D)levi

4.initially,graments were exported from india to
A)USA & UK
B)asian countries only
C)african & society
D)france & germany

5.in the free trade regime, india ____ its own domestic market to other countries.
A)need not open
B)must not open
C)will have to open
D)should plan to partially open

6.the issue/issues that put brakes on exports from india & other developing nations include.
A)Potectionism
B)child labour
C)labour rights
D)All of these

7.Presently , there are_____member in WTO.
A)150
B)120
C)140
D)160

8.Principles & agreements of this organisation were adopted by WTO.
A)internatonal Trade organisation(ITO)
B)International labour organisation(ILO)
C)General Agreement of tariff & trade (GATT)d
D)none of these

9.All WTO members may participate in all councils, committees etc., other than
A)Appellate body
B)Dispute settlement panels
C)Plurilateral commettees
D)All of these

10.The WTO has ______ power to enforce its decisions through the authorisation or trade sanctions against members which fail to comply with its decisions.
A)no
B) very little
C)some
D)significant

11.For membership of WTO ,Russia, having 1st applied to join GATT in 1993,
A)became a member in1996
B)is still in negotiations
C)bacame a member in 2005
D)none of these is accurate

12.TBT Agreement under the WTO stands for
A)Technical Barriers to Trade
B)Technical Backward Trade
C)Towards Better Trade
D)Territory for Business and Trade

13.The process of making a dress begins with sketching the original idea on
A)cloth
B)a wooden board
C)paper
D)black slate

14.With which brand of shoes would you associate: Godzilla, Independence Day and Brave Heart?
A)Woodland
B)Lee cooper
C)Reebok
D)Nike

15.What are Vichitrapuris and Patolas?
A)Lehngas
B)Dupattas
C)Sarees
D)none of these

16.What is the name provided to a Khaki Trouser having 6 or 8 pockets?
A)Cargo
B)jeans
C)bell bottoms
D)Breeches

17.Which state is known for its Ikat textiles?
A)Andhra Pradesh
B)Tamil nadu
C)Kerala
D)karanataka

18.Of the total foriegn Direct Investment(FDI)approvals, about.....are in the priority sectors such as power, oil refineries, electronics and electrical equipment, telecommunications, etc.
A)10%
B)50%
C)30%
D)80%

19.The basic factor(s) which influence india's import policy include
A)economic needs of the country
B)effective use of foreign exchange
C)industrial/consumer requirments
D)All the above

20.Under Export promotion Capital Goods(EPCG)scheme, service industries enjoy the facility of ......import duty.
A)reduced
B)zero
C)marginally decreased
D)considerably decreased

21.Rayon is a fibre which falls in the category of
A) man-made fibre
B)vegetable fibre
C)nylon
D)animal fibre

22.Sanforising is a guarantee mark on the fabric which shows that the fabric will not
A)discolour
B)deshape
C)distort
D)shrink

23.Wool is a ............fibre.
A)polyester
B)cotton
C)animal
D)vegetable

24.Which of the subsequent statement(s) is/are appropriate?
A)Apparels give rustic appeal
B)Apparels can create margical fashions
C)Apparels equip you to live in comfort in all kind of climatic conditions
D)All the above are improper

25.The fashion Design Council of india(FDCI), which is a single entity representing the business interests of the designer fraternity across india, was born in the years.
A)2004
B)1998
C)2000
D)1968

26.Name the famous upcoming fashion designer who designed clothes for the well known film"black".
A)Payal jain
B)surily goel
C)Sabyasachi Mukherjee
D)sandeep khosla

27.Which 2 colours are mixed to form brown colours?
A)Red and Black
B)Red and Yellow
C)Green and Red
D)Blue and Red

28.In the garments we wear,plankets can be seen at which place?
A)Neck
B)sleeve
C)Waist
D)All the above

29.No person is allowed to export or import goods without obtaining an.......from the regional Licensing Authority unless exempted under provisions of Export & import Policy.
A)importer-Exporter Classification number
B)Importer-Exporter Code number
C)Importer -Exproter Category
D)Importer-Exporter Indentity number

30.which of the subsequent items is chiefly manufactured in australia?
A)silk
B)wool
C)cotton
D)Nylon

Earning:   Approval pending.