Which of the following have been recognized under the intellectual property eligible for creation of rights as per WTO mandate ?
(a) Computer software, music disc, performing art
(b) Geographical indicator
(c) Global positioning system
(d) Journals, books, seeds, design, brand
Codes :
| A. | (a), (b) and (c) |
| B. | (d), (c) and (a) |
| C. | (a), (b) and (d) |
| D. | (c), (a) and (b) |
|
Option: C Explanation : Click on Discuss to view users comments. |
NAFTA came into force from January, 1994 embracing :
| A. | The USA, Canada, Cuba, Trinidad and Tobago |
| B. | The USA, Canada, Mexico |
| C. | Cuba, Mexico, USA, Havana |
| D. | Trinidad, The USA, Mexico |
|
Option: B Explanation : Click on Discuss to view users comments. |
A common market is one where :
| A. | all the trading nations agree commonly to levy a common and uniform tariff rate for all goods. |
| B. | all the trading nations agree commonly to rationalize tariff and non-tariff barriers mutually to promote intra-region trade. |
| C. | there is a customs union along with free intra - union movement of factors of production. |
| D. | there is an economic union along with free intra-union movement of residents. |
|
Option: C Explanation : Click on Discuss to view users comments. |
The Maastricht Treaty of February, 1992 renamed the European Community (EC) as :
| A. | the European Union (EU) |
| B. | the European Economic Union (EEU) |
| C. | the European Monetary Union (EMU) |
| D. | the European Economic Community (EEC) |
|
Option: A Explanation : Click on Discuss to view users comments. |
In which of the following cases, Assessing officer has the discretion to assess the income of the previous year in the previous year or in the subsequent assessment year ?
| A. | Shipping business of non-residents |
| B. | Association of Persons (AOP) or Body of Individuals (BOI) formed for a particular event or purpose |
| C. | Assessment of persons likely to transfer property to avoid tax |
| D. | Discontinued business |
|
Option: D Explanation : Click on Discuss to view users comments. |
