What are the important outcomes of the globalization process?
Outsourcing
Financing
Decision taking
Exporting
What is Inflation?
Increase in the general price level
Decreasing goods prices
Falling the demand of goods
Decrease in the general price level
What are the reasons for Privatization?
Inefficiency,indifference and corruption
Indifference and corruption
Inefficiency and irresponsibility
Inefficiency,indifference ,irresponsibility and corruption
In which year GATT was established?
1947
1946
1948
1949
Globalization has created new opportunities of:
Employment
Emerging multinational companies
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
The foreign investment includes ___________.
Foreign direct investment
Financial investment
Domestic investment
Indirect investment
__________ have been removed to increase the competitive position of Indian goods in the international markets.
Import licensing
Export duty
Tariffs
Import tax
When expenditure is more than income the government borrows to finance the ______________ from banks and other financial institutions.
Surplus
Deficit
Excess
Debit
With regard to the WTO subsidies are covered in two seperate international economic law agreements .which are they?
Multilateral and Bilateral/Regional Trade Agreement
The Nortrh American Free Trade Agreement
GATT and the Agreement on subsidies
Free Trade Agreements
