GNP at market prices — Indirect taxes + subsidies is referred to as :
A. | GNP at factor cost |
B. | GDP at factor cost |
C. | NNP at factor cost |
D. | NDP at factor cost |
Option: A Explanation : Click on Discuss to view users comments. |
EDI system got legal recognition under which one of the following Acts?
A. | Electronics Act, 1996 |
B. | Right to Data Act, 1998 |
C. | DGFT Act, 1999 |
D. | Information Technology Act, 2000 |
Option: D Explanation : Click on Discuss to view users comments. |
Following statements are related to futures contracts. Choose the statements that are not true :
(a) Purchase of a futures contract is called short position.
(b) Currency futures are traded on an exchange in standardized form and in fixed quantity.
(c) Default risk in futures contract is high compared to forward contract.
Codes:
A. | only (a) and (b) |
B. | only (a) and (c) |
C. | (a), (b) and (c) |
D. | only (b) |
Option: B Explanation : Click on Discuss to view users comments. |
From the following, identify the trading blocks in the world and choose the correct code :
(a) European Union
(b) North American Free Trade Agreements
(c) South Asian Association of Regional Co-operation
(d) Central American Common Market
(e) Central African Customs Union
Codes:
A. | (a), (b) and (c) |
B. | (a), (b), (c) and (d) |
C. | (a), (b), (c), (d) and (e) |
D. | (a), (b) and (e) |
Option: C Explanation : Click on Discuss to view users comments. |
Match the items of List - I with items of List - II and choose the correct code :
List – I |
List – II |
(a) Carroll Model |
(i) International trade |
(b) Corlett - Hague Rule |
(ii) Interest rate |
(c) Hecksher Ohlin Theorem |
(iii) Principles of taxation |
(d) Knut Wick sell's Theory |
(iv) Social responsibility of business |
Codes: |
|
A. | (iv) (iii) (i) (ii) |
B. | (iii) (ii) (i) (iv) |
C. | (iii) (i) (ii) (iv) |
D. | (ii) (iii) (i) (iv) |
Option: A Explanation : Click on Discuss to view users comments. |