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Commerce · Q22

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 22

Q22

Statement I: WTO is only international organisation which deals with the rules of trade between organisations. 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 incorrect
B.
Statement II is correct, but Statement I is incorrect
C.
Both the Statements I and II are correct
Answer
D.
Both the Statements I and II are incorrect

Answer: Option C

Solution

Answer: Option C
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