Match the following.
| List-I | List-II |
| a. FOB basis | 1. Means of international payment |
| b. Official reserves | 2. Price paid for insurance and shipment of goods should not be included as part of value of goods either by exporter or importer |
| c. Balance of payment manual | 3. Principles or concepts to be followed by countries while compiling BoP data to ensure consistency |
| d. Bill of lading | 4. Document of title of sale of goods |
A. a-2, b-1, c-3, d-4
B. a-1, b-2, c-3, d-4
C. a-3, b-2, c-1, d-4
D. a-4, b-3, c-2, d-1
Answer: Option A
This Question Belongs to Commerce >> Business Environment And International Business
Which of the legislation do not from part of the legal environment of business in India?
A. The Drugs and Cosmetics Act, 1940
B. The prevention of Food Adulteration Act, 1954
C. The Monopolies and Restrictive Trade Practices Act, 1969
D. Both B and C
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
"Repo Rate" refers to the rate at which
A. RBI borrows short-term money from the market
B. Banks keeps the money with RBI
C. Banks take money from RBI after offering some securities
D. Forex is purchased by RBI
A. Preferential Trade Area
B. Custom Unions
C. Economic Union
D. Common Market
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