When expenditure is more than income the government borrows to finance the ______________ from banks and other financial institutions.
Surplus
Deficit
Excess
Debit
Globalisation has created new opportunities of
Employment
Emerging multinationals
Providing services
All the above
_______ consists of taxes on income of individuals as well as profits of business enterprises.
Indirect Tax
Corporation Tax
Direct Tax
Service Tax
In which year GATT was established?
1947
1946
1948
1949
The growth of GDP increased from __________ during 1980 - 1991.
5.6%
7.2%
6.3%
5.7%
What is the reason of decreasing industrial growth?
Decreasing demand of industrial production
Increasing price rate
Inflation
Deflation
__________ have been removed to increase the competative position of Indian goods in the international markets.
Import licensing
Export duty
Tariffs
Import tax
In the domestic economy major reforms were undertaken in the _______ sector.
Industrial Sector
Service Sector
Tertiary Sector
Service sector
The foreign investment includes
Foreign direct investment
Financial investment
Domestic investment
Indirect investment
With regard to the WTO subsidies are covered in two seperate international economic law agreements which are they?
The reform treaty and Treaty of Rome
The North American free trade agreement
GATT and the Agreement on subsidies
Free Trade Agreements
