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61
Consider the following statements.
Assertion (A): An export processing zone is different from free trade zone as it promotes units primarily devoted to exports.
Reason (R): Goods imported to a free trade zone maybe re-exported without any processing, in the same form. But goods exported by units in an EPZ are expected to have undergone some value addition by manufacturing/processing.
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Answer & Solution
Answer: Option A
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62
This theory maintains that exchange rates will tend towards the point at which their international purchasing power is equal. What is this called?
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Answer: Option B
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63
Match the items of List-I with those of List-II.
List-I List-II
a. Exchange control 1. Adverse BOP
b. Price control 2. Domestic firms
c. Import control 3. Mass consumption product
d. Legislative control 4. Industrial location
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Answer: Option D
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64
For providing various technical services to member countries bank has established
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Answer: Option B
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65
Which of the following is not a form of business environment?
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Answer: Option D
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66
An Optimum tariff
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Answer: Option A
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67
In which of the following year, the Articles of Agreement of IMF were changed for the first time?
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Answer: Option A
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68
Match the items of List-I with the items of List-Il:
List-I List-II
a. National Manufacturing Competitiveness Council (NMCC) 1. Industrial Licensing Policy
b. National Investment Fund (NIP) 2. Eleventh Five Year Plan
c. The Industries (Development and Regulation) Act (IDRA), 1951 3. The Competition Act, 2002
d. Increase in Employment 4. Public Sector Undertakings
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Answer: Option B
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69
The external environment is composed of
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Answer: Option A
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70
When was FEMA came into existence?
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Answer: Option A
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