International Business - International Business Objective Questions

51:  
According to the Uruguay Round Agreement on TRIPS, patentability may be excluded for
A.
Diagnostic, therapeutic and surgical methods for the treatment of humans and animals.
B.

Plants and animals other than micro-organisms

C.
Essentially  biological process for the production of plants and animals
D.

All of the above.

 
 

Option: D

Explanation :

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52:  
Consider the following:
The Generalised System of Preferences (GSP)
2. A maritime shipping code
3. Special international programmes to help the least developed countries
4. International aid targets.
Which association played a key role in the emergence of above mentioned aspects?
A.

UNCTAD

B.

UNIDO

C.

IBRD

D.

IDA

 
 

Option: A

Explanation :

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53:  
International Monetary Fund functions as an agency with resources available for shortterm to medium-term loans to meet balance of payments deficits of member countries, which is its ------- aspect.
A.

Regulatory

B.

Financial

C.

Consultative

D.

Functional

 
 

Option: A

Explanation :

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54:  
Which of the following is a major function of lMF?
A.

Regulatory function

B.

Consultative function

C.

Financial function

D.

All of the above

 
 

Option: D

Explanation :

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55:  
Consider the following:
1. To conserve foreign exchange
2. To check capital flight
3. To curb consumption
4. To regulate foreign companies
Which of the are the objectives of exchange control?
A.

1 and 2

B.

1, 2 and 3

C.

2, 3 and 4

D.

1,2,3 and 4

 
 

Option: D

Explanation :

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