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81
All of the following are the features of globalization process except one. Which one is the exception?
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Answer: Option D
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82
Foreign policy decision makers, for spreading their information, rely on
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Answer: Option B
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83
This integration form includes the development of a common market by harmonization of national economic policies, such as competition policy, financial regulations, product standards, etc.
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Answer: Option C
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84
Characteristics such as age, income or gender are examples of
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Answer: Option B
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85
Match the following.
List-I (Theories of International Trade) List-II (Founders)
a. Theory of reciprocal demand 1. David Ricardo
b. Theory of absolute advantage 2. Adam Smith
c. Theory of comparative advantage 3. Raymond Vernon
d. Product life cycle theory of trade 4. John Stuart Mill
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Answer: Option D
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86
Which one of the following is not an element of internal environment?
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Answer: Option C
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87
All of the following are included as invisible items on the current account of balance of payments except which one?
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Answer: Option B
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88
From the following statements of Assertion (A) and Reason (R), indicate the correct answer.
Assertion (A): Industrial liberalization became an imperative condition for the growth of forces of competition leading to high efficiency and productivity in Indian industries.
Reason (R): Industrial development and curbing of poverty is only possible through government intervention.
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Answer: Option B
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89
Match the following economic institutions with the year of their establishment:
a. World Bank 1. 1946
b. International Finance Corporation 2. 1956
c. International Development Agency 3. 1960
d. Asian Development Bank 4. 1966
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Answer: Option A
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90
During periods of growing domestic demand an import quota,
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Answer: Option B
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