Which country announced the New Economic policy?
Britain
China
Germany
India
_______ consists of taxes on income of individuals as well as profits of business enterprises.
Indirect Tax
Corporation Tax
Direct Tax
__________ have been removed to increase the competative position of Indian goods in the international markets?
Import licensing
Export duty
Tariffs
Import tax
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
When expenditure is more than income the government borrows to finance the ______________ from banks and other financial institutions.
Surplus
deficit
Excess
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
Which one includes commercial banks, investment banks, stock exchange operation's and foreign exchange market?
Private Sector
Service Sector
Financial Sector
Public sector
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
In which year GATT was established?
1947
1955
1948
1949
