Foreign Trade Policy

Treaties of Rome (1957) was responsible for creation of which one of the following?

An Indian exporter is required to fulfil which of the following requirements in order to register himself as an exporter?
1. Opening bank account with current account with a commercial bank under RBI.
2. Registrations with GST and other tax authorities.
3. Obtaining Importer-Exporter Codenumber (lEC), it is a unique 10 digit code i.e. issued by DGFT, Ministry of Commerce.
4. Obtaining Permanent Account Number.

Which of the following statements are true with regard to brownfield investment?

Match the following with regard to bill of entry.

List-I	List-II
a. White bill	1. Goods imported for have consumption
b. Green bill	2. Exo-bonds goods
c. Yellow bill	3. Into-bonds goods

. . . . . . . . favoured merchant class.

Which of the following statement is true for franchising?

Arrange the following in correct sequence of post shipment procedure in exportation process.
1. C and F agent submits the documents to the exporter.
2. Exporter intimates the importer about the shipment of goods.
3. Submission and negotiation of documents with bank.
4. Bank negotiates these documents to the importer's bank in the manner as specified in the letter of credit.
5. Documents are attested with the bill of exchange
6. The exporter gets immediate payment from his bank after signing letter of indemnity.
7. Importer receives the documentary bill of exchange, he releases the payment.
8. After receiving proceeds the exporter intimates the RBI by recording the facts on duplicate copy of GR.
9. The exporter receives subsidies and concessions if he is eligible.

A global company is sometimes called

Which of the following statement is not correct with regard to AoA?

Assertion (A) The laws regarding patents and trademark are ineffective in many countries.
Reason (R) There are cases when a government does not abide by the rulings of the International Court of Justice.