Smartindia Classroom
CONTENTS
Geography
Economics
Political Science
History
Statistics
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Question-1
The General Agreement on Tariffs and Trade was replaced by the
(A)
World Trade Organization
(B)
Multilateral Trade Agreement
(C)
Cross-Regional Trade Group
(D)
North American Free Trade Agreement
Question-2
Who controlled the financial sector in India?
(A)
State Bank Of India
(B)
World Bank
(C)
Reserve Bank Of India
(D)
Co-operative Banks
Question-3
The growth of GDP increased from __________ during 1980 - 1991.
(A)
7.2%
(B)
5.6%
(C)
6.3%
(D)
8%
Question-4
Which of the following were the aims behind the setting up of the World Trade Organization (WTO)?
1. Promotion of free trade and resources flows across the countries
2. Protection of Intellectual Property Rights
3. Managing balanced trade between different countries
4. Promotion of trade between the former East Bloc Countries and the Western World
Select the answer by using the codes given below:
(A)
1,2 and 4
(B)
1 and 2
(C)
2 and 3
(D)
1 and 4
Question-5
The new industrial policy was announced in
(A)
1980
(B)
1984
(C)
1991
(D)
2001
Question-6
Which of the following is not an aspect of privatization?
(A)
Dis- investment of public sector units
(B)
Handing over management of public sector units to private firms
(C)
Opening up of sectors, which are hitherto reserved for public sector to private sector
(D)
De licensing of private industrial units
Question-7
The WTO was born out of negotiations in which round of the GATT?
(A)
Geneva Round
(B)
Torquay Round
(C)
Tokyo Round
(D)
Uruguay Round
Question-8
The current round of negotiation in the WTO is known as the
(A)
Doha Development Round (DDA)
(B)
Seattle Summit
(C)
Cancun Meet
(D)
Torquay Round
Question-9
The productive capacity of a nation is represented by the progress of
(A)
Agriculture
(B)
Infrastructure
(C)
Export
(D)
Industries
Question-10
In the domestic economy major reforms were undertaken in the _______ sector.
(A)
Industrial Sector
(B)
Service Sector
(C)
Tertiary Sector
(D)
Service Sector
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Plus 1 Humanities
Tamil Nadu (English Medium)
Practice in Related Chapters
Economic Growth and Development
Population
Poverty and Unemployment
Economic Planning
Banking
Agriculture
Measures of Variability
Statistical Analysis and Measures of Central Pendency
Human Resource Development
Foreign Trade
Industrial Sector
National Income
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