Examveda

Counter-trade means:

A. A sort of bilateral trade where one set of goods is exchanged for another set of goods and a seller provides a buyer with deliveries

B. A company takes full responsibility for making its goods available in the target market by selling directly to the end-users

C. The companies in two separate sovereigns agree to exchange one set of goods for another set of goods

D. A set of multilateral trade where one of goods and services may be exchanged for another set of goods and services among the trading partners

Answer: Option A


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Consider the following statements. Which of these statements is/are true?

A. Socialism is compatible with democracy and liberty, whereas Communism involves creating an 'equal society' through an authoritarian state

B. Totalitarianism is a form of government which involves complete submission of people to the government. The State recognizes no limits to its authority and strives to control every aspect of public and private life wherever feasible

C. India differed from core socialism as it went for a mixed economy rather than complete government control

D. All of the above statements are true