4 DEC FS Q.42

0. According to GATS (General Agreement on Trade and Services), higher education should be a commodity in the

  • Option : D
  • Explanation : The primary aim of GATS, which became effective in Jan 1995, is to make all services tradable. According to GATS education services are included in one of the 12 classified service sectors. Since India has a second largest higher educational network and contributing largest share of international students therefore higher education system are kept under Global market place.
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