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Commerce · Q192

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 192

Q192

Consider the following statements. Statement (I): WTO is only international organization which deals with the rules of trade between organizations. Statement (II): The limit of holding by individual foreign institutional investors in a company has been raised from 5 to 10% of company's share while the aggregate limit has been increased from 24 to 34%.

A.
Statement (I) is correct but Statement (II) is false
B.
Statement (II) is correct but Statement (I) is false
C.
Statements (I) and (II) both are correct
Answer
D.
Statements (I) and (II) both are false

Answer: Option C

Solution

Answer: Option C
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