In which year Reserve Bank of India established?
1935
1955
1947
1936
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 countries2. Protection of Intellectual Property Rights3. Managing balanced trade between different nations
4. remove barriers of trade
1 only
2 only
3 only
all of these
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
__________ have been removed to increase the competitive position of Indian goods in the international markets?
1. Tariffs
2. Import Licensing
3. Export duty
4. All of these
1. 1 only
The foreign investment includes
Foreign direct investment
Financial investment
Domestic investment
Indirect investment
When expenditure is more than income the government borrows to finance the ______________ from banks and other financial institutions.
Surplus
Deficit
Excess
Debit
Which accounts are an accounting record of all monetary transactions between a country and the rest of the world?
BOP (Balance of payments)
Inflation
Deflation
None of these
Who regulates the financial sector of India?
State Bank Of India
World Bank
Reserve Bank Of India
Co-operative Banks
Which of the following is not an aspect of privatization?
Dis- investment of public sector units
Handing over management of public sector units to private firms
Opening up of sectors, which are hitherto reserved for public sector to private sector
De licensing of private industrial units
_______ consists of taxes on income and profits of business enterprises.
a) Indirect Tax
b) Corporate tax
c) Direct tax
d) Excise duty
a Only
b Only
c Only