Q141
Open questionThe World Trade Organization has all of the following functions except which one?
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Commerce · all questionsBusiness Environment and International Business
Business Environment and International Business
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Q142
Open questionWhich of the following is the basic objective of the World Bank?
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Q143
Open questionAn MNC that maintains a balance between the home market and host market-oriented policies is
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Q144
Open questionA Central Consumer Protection Council established by the
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Q145
Open questionWhich of the following can be defined as the component/s of Liquidity Adjustment Facility?
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Q146
Open questionWorld Trade Organization is located in Geneva, Switzerland and it has 164 members. WTO was created on 1st January 1995 by:
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Q147
Open questionMatch the following legislations with the year of their enactment:
| List-I | List-II |
| a. Industries (Development and Regulation) Act | 1. 1969 |
| b. Foreign Exchange Management Act | 2. 1951 |
| c. Securities Exchange Board Of India Act | 3. 1999 |
| d. Monopolies and Restrictive Trade Practices Act | 4. 1992 |
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Q148
Open questionGlobalisation of financial services is being promoted by
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Q149
Open questionAssertion (A): Free international trade necessarily lowers the real wage of the scarce factor of production in terms of any good.
Reason (R): If the real wage declines in terms of every good, real income must suffer regardless of the tastes and expenditure patterns of the labourer as consumers.
Reason (R): If the real wage declines in terms of every good, real income must suffer regardless of the tastes and expenditure patterns of the labourer as consumers.
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Q150
Open questionMatch the following.
| List-I | List-II |
| a. FOB basis | 1. Means of international payment |
| b. Official reserves | 2. Price paid for insurance and shipment of goods should not be included as part of value of goods either by exporter or importer |
| c. Balance of payment manual | 3. Principles or concepts to be followed by countries while compiling BoP data to ensure consistency |
| d. Bill of lading | 4. Document of title of sale of goods |
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Q151
Open questionThe quotas of all the member countries with the IMF are valued in terms of
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Q152
Open questionWhich of the following statements are true in context of Consumer Protection Act, 2019
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Q153
Open questionMatch the following.
| List-I | List-II |
| a. Foreign trade | 1. It is in undertaking by its issue that the bills of exchange drawn by the foreign dealer on the importer will be honoured on presentation upon a specified amount |
| b. Bill of lading | 2. It is a document of title to the goods |
| c. Quotation | 3. Trade between two or more nations |
| d. Letter of credit | 4. It is reply by the seller to the prospective buyer |
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Q154
Open questionThe main objective of the WTO is:
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Q155
Open questionIndia suffered from deficit balance both in trade balance and net invisibles, hence, took up a number of steps to manage this problem. Which one is not appropriate for this?
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Q156
Open questionThe current account is made up of visibles and . . . . . . . .
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Q157
Open questionWhat does CRS concern with?
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Q158
Open questionIndia has the power to appoint a permanent executive director in the . . . . . . . . on the Board of Directors.
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Q159
Open questionCall money rate is applicable for a very short period to
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Q160
Open questionIn international trade which of the following is a non-tariff trade barrier?
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