10 MCQs to Test Your Knowledge of the Export Preparedness Index

10 MCQs on Export Preparedness Index

The Export Preparedness Index (EPI) is a tool developed by NITI Aayog to assess the readiness of states and union territories in India for export promotion. This meta description provides 10 MCQs on the EPI, with answer options, to help you learn more about this important index.

1. The Export Preparedness Index (EPI) is a tool developed by which organization?

   • A. NITI Aayog
   • B. World Bank
   • C. WTO
   • D. UNCTAD
   • Answer: A

2. Which of the following is NOT a pillar of the EPI?

   • A. Policy
   • B. Business Ecosystem
   • C. Export Ecosystem
   • D. Export Performance
   • Answer: D

3. Which state topped the EPI 2021?

   • A. Gujarat
   • B. Maharashtra
   • C. Tamil Nadu
   • D. Karnataka
   • Answer: A

4. Which of the following is a challenge to India's export promotion efforts?

   • A. Intra- and inter-regional differences in export infrastructure
   • B. Weak trade support and growth orientation across states
   • C. Lack of R&D infrastructure to promote complex and unique exports
   • D. All of the above
   • Answer: D

5. The EPI is calculated using a weighted average of indicators from which of the following four pillars?

   • A. Policy, Business Ecosystem, Export Ecosystem, and Export Performance
   • B. Policy, Business Ecosystem, Export Performance, and Export Competitiveness
   • C. Policy, Business Ecosystem, Export Promotion, and Export Performance
   • D. Policy, Business Ecosystem, Export Potential, and Export Performance
   • Answer: A

6. The EPI is a useful tool for which of the following?

   • A. Identifying challenges and opportunities for export promotion
   • B. Enhancing the effectiveness of government policies for export promotion
   • C. Encouraging a facilitative regulatory framework for export promotion
   • All of the above
   • Answer: D

7. The EPI is released annually by which organization?

   • A. NITI Aayog
   • B. Ministry of Commerce and Industry
   • C. World Trade Organization
   • D. United Nations Conference on Trade and Development
   • Answer: A

8. Which of the following is NOT an objective of the EPI?

   • A. To identify challenges and opportunities for export promotion
   • B. To enhance the effectiveness of government policies for export promotion
   • C. To encourage a facilitative regulatory framework for export promotion
   • D. To promote exports of specific products or sectors
   • Answer: D

9. The EPI is calculated using a methodology developed by which organization?

   • A. NITI Aayog
   • B. Institute of Competitiveness
   • C. World Bank
   • D. UNCTAD
   • Answer: B

10. The EPI is a useful tool for which of the following stakeholders?

    • A. Government
    • B. Industry
    • C. Researchers
    • D. All of the above
    • Answer: D

I hope these MCQs were helpful. Let me know if you have any other questions.