In 1991, India met with an economic crisis relating to its ________ debt
External
Internal
Income
Private
Which country announced the New Economic policy?
Britain
China
Germany
India
With regard to the WTO subsidies are covered in two separate 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
The foreign investment includes
A) Financial Investment
B) Foreign Direct Investment
C) Domestic Investment
D) Indirect Investment
choose the correct answer
Only A
Both B and C
None of these
WTO aims at.
Establishing rules for domestic trade
Restricting trade practices
Liberalizing international trade
Disparities in income
When expenditure is more than income the government borrows to finance the ______________ from banks and other financial institutions.
Surplus
deficit
Excess
_________ is the outcome of the policies of liberalization and privatization.
Economic activity
Globalization
Development policies
Disparities in income and wealth
What are the important outcomes of the globalization process?
Outsourcing
Financing
Decision taking
What is an Inflation?
Statement I: Increase in the general price level
Statement II: Decreasing goods price
Statement III: Falling the demands of goods
Statement IV: Decrease in the general price level
Pick the correct statement
Statement II is correct
Both the Statement I & II is correct
In which year Reserve Bank of India established?
1945 April 19
1935 April 1
1934 January 1
1935 April 19