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81
Which of the following are called regulatory documents as per ADS?
1. Bill of Export (Shipping bill)
2. Receipt for payment of port charges
3. Proforma invoice
4. Shipment advice
5. Certificate of origin
6. GR form
7. Export application dock challan
Select the correct answer
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Answer & Solution
Answer: Option C
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82
Which of the following statements are not correct in relation to pre-shipment credit in foreign currency?
Statement I It is a foreign currency loan available, both, to the importers and exporters.
Statement II It is self-liquidating in nature and can be liquidated by purchasing/discounting of bills.
Statement III Refinance from RBI is available to banks against pre-shipment credit in foreign currency.
Statement IV The interest rare shall not exceed 1.75% above six months, LIBOR for the initial period of one month.
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Answer & Solution
Answer: Option C
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83
A most favoured nation status doesn't necessarily refers-to
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Answer: Option D
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84
Which of the following is the most appropriate for an organisation with little experience in international markets?
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Answer: Option D
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85
Which of the following types of FDI includes creation of new assets and production facilities in the host country?
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Answer: Option D
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86
Who has shown how international trade leads to equalisation of factor prices?
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Answer: Option B
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87
As a part of the WTO guidelines, the Agreement on Agriculture (AoA) does not include
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Answer: Option B
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88
The exit of Great Britain from the European Union (EU) in June 2016 by a referendum has been announced as invalid by the London High Court on which one of the following reason?
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Answer: Option D
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89
Enjoying comparative advantage for a country means having a . . . . . . . . opportunity cost of domestically producing a commodity than the other country.
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Answer & Solution
Answer: Option A
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90
In the context of regional economic integration, which of the following equations is not correct?
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Answer & Solution
Answer: Option C
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