The areement on Textiles and Clothing sets out a framework for gradually and systematically achieving this goal over a . . . . . . . . year transitional period.
1. Offers political risk insurance (guarantees) covering all areas of the world for ventures in a wide range of sectors of the economy in developing member countries
b. IBRD
2. A global financial institution that provides the poorest countries in the world
c. IDA
3. Development institution focused solely on developing nations private sector
d. IFC
4. Single largest provider of loans to the countries
An Indian exporter is required to fulfil which of the following requirements in order to register himself as an exporter?
1. Opening bank account with current account with a commercial bank under RBI.
2. Registrations with GST and other tax authorities.
3. Obtaining Importer-Exporter Codenumber (lEC), it is a unique 10 digit code i.e. issued by DGFT, Ministry of Commerce.
4. Obtaining Permanent Account Number.
Arrange the following in correct sequence of post shipment procedure in exportation process.
1. C and F agent submits the documents to the exporter.
2. Exporter intimates the importer about the shipment of goods.
3. Submission and negotiation of documents with bank.
4. Bank negotiates these documents to the importer's bank in the manner as specified in the letter of credit.
5. Documents are attested with the bill of exchange
6. The exporter gets immediate payment from his bank after signing letter of indemnity.
7. Importer receives the documentary bill of exchange, he releases the payment.
8. After receiving proceeds the exporter intimates the RBI by recording the facts on duplicate copy of GR.
9. The exporter receives subsidies and concessions if he is eligible.
Assertion (A) The laws regarding patents and trademark are ineffective in many countries. Reason (R) There are cases when a government does not abide by the rulings of the International Court of Justice.