Agriculture and Trade and Industrial Sectors: Performance and Issues (Board Questions)
Group A: Very Short Answer Questions
1. (2023 Fall Q. No. 4) List out any four features of Foreign Investment and Technology Transfer Act.
Answer: The four features of the Foreign Investment and Technology Transfer Act are as follows:
i. Offers incentives to foreign investors.
ii. Encourages transfer of advanced technology.
iii. Safeguards against nationalization.
iv. Ensures fairness with domestic investors.
2. (2023 Fall Q. No. 6) List out four export-oriented industries of Nepal.
Answer: The four export-oriented industries of Nepal are as follows:
i. Textiles and Garments industry
ii. Handicrafts industry
iii. Leather industry
iv. Agricultural Products (e.g., Tea, Coffee)
3. (2023 Spring Q. No. 5) Point out the two major problems of Industrial sector of Nepal.
Answer: The two major problems of the industrial sector of Nepal are as follows:
i. Political Instability
ii. Lack of infrastructure
4. (2020 Fall Q. No. 6) Write any four functions of the Industrial Promotion Board.
Answer: The four functions of the industrial promotion board are as follows:
i. Formulating Industrial Policies
ii. Advising the Government
iii. Providing Financial Assistance
iv. Promoting Investment
5. (2019 Fall Q. No. 3) Outline the major five import items of Nepal.
Answer: The major five import items of Nepal are as follows:
i. Petroleum products
ii. Gold
iii. Clothes
iv. Machinery and Equipment
v. Electronic Goods
6. (2019 Spring Q. No. 5) Write any two issues of Nepal’s foreign trade.
Answer: The issues of Nepal’s foreign trade are as follows:
i. Large Trade Deficit
ii. Over-reliance on India
7. (2018 Fall Q. No. 10) State the issues of Nepal’s foreign trade.
Answer: The issues of Nepal’s foreign trade are as follows:
i. Landlocked country
ii. High Import
iii. Less Import
iv. Over-reliance on India
v. Difficult Market Access
8. (2017 Fall Q. No. 5) Mention any four export-oriented and imported substituting industries of Nepal.
Answer: The Export-oriented industries are:
i. Handicrafts
ii. Textile and Garments
iii. Tea and Coffee
iv. Herbs and Spices
The Import-substituting industries are:
i. Cement
ii. Pharmaceuticals
iii. Food Processing
iv. Vegetable Oils
Group B: Descriptive Answer Questions
1. (2023 Fall Q. No. 12) Huge trade deficit with India is a serious issue for the country. What, in your opinion, might be the ways to increase international trade beyond India? Explain. – Answer ( Click Here)
2. (2023 Spring Q. No. 13) How do you observe present condition of agriculture sector of Nepal? Is it strong enough to contribute in National economy? Why or Why not? Explain – Answer (Click Here)
3. (2022 Fall Q. No. 13) Enumerate the current issues in Nepal’s foreign trade. – Answer (Click Here)
4. (2020 Fall Q. No. 15) Almost 60% of people in Nepal are directly engaged in agriculture and livestock, however, the contribution of the sectors is very low in the national economy. Do you see any problems? Explain the major problems of the agriculture sector in Nepal and suggest to the government in order to make it more competitive.
5. (2019 Fall Q. No. 16) How do you assess the current industrial situation of Nepal? Identify major obstacles of industrial sector of Nepal. – Answer (Click Here)
6. (2018 Spring Q. No. 16) Why the international trade is not favorable to Nepal and what are the major issues in foreign trade structures? – Answer (Click Here)
7. (2018 Fall Q. No. 13) Discuss the issues of the Nepalese agriculture sector.
Answer: Please see 2018 Spring Q. No. 16
Click Here: Business Environment in Nepal Questions With Answers