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61
Various bodies in the organisational structure of WTO are given below. On the basis of decision-making authority, arrange them from top to bottom.
1. General Council
2. Ministerial Conference
3. Specialised Committees
4. Council for Trade in Goods
Choose the correct answer
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Answer & Solution
Answer: Option A
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62
When one country providesmost favoured nation status (normal trade relations) for another, it agrees to
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Answer: Option B
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63
India is a member of which of the following organisations?
1. IBRD
2. ICSID
3. MIGA
4. IDA
5. IFC
Select the correct answer
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Answer: Option B
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64
Which of the following is not a subsidiary body of general council of WTO?
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Answer: Option D
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65
Which of the following is not types of disequilibrium in the balance of payment?
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Answer: Option C
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66
From the following statements relating to WTO agreements, choose the statements that are correct.
Statement I Diversity in technical regulations and industrial standards among countries leads to the introduction of Technical Barriers to Trade (TBT) Agreements.
Statement II The aim of WTO agreements on customs valuation is to ensure a fair, uniform and neutral system for the valuation of goods for customs purposes.
Statement III The agreement on Trade Related Investment Measures (TRIMs) applies only to measures that affect trade in goods.
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Answer: Option D
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67
Which of the following statements is fare incorrect?
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Answer: Option C
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68
Difference between the time of introduction of the product in one country and the time, when the producers in other country start producing it
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Answer: Option A
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69
Which of the following statement is incorrect?
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Answer: Option B
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70
Member countries of NAFTA are
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Answer: Option B
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