If India enters into Free Trade Agreements (FTAs) with other nations, then the growth of India's exports would depend upon which of the following? 1. Extent of tariff reduction vis-a-vis MFN tariffs 2. Extent of relaxation in terms of rules of origin 3. Extent of relaxation in sanitary and phytosanitary measures 4. Level of infrastructure in India 5. Income in nations with which India enters into FTAs Select the correct answer code given below.

With reference to Trade-Related Investment Measures (TRIMs), which of the following statements is/are correct? 1. Quantitative restrictions on imports by foreign investors are prohibited. 2. They app…

There has been a persistent deficit budget year after year. Which action/actions of the following can be taken by the Government to reduce the deficit? 1. Reducing revenue expenditure 2. Introducing…

Which of the following measures has/have been undertaken by the Government of India for supporting the cotton exporters and the textile sector? 1. Credit Guarantee Scheme for Exporters (CGSE) 2. RBI…

Which of the following were the aims behind the setting up of the World Trade Organization (WTO)? 1. Promotion of free trade and resource flows across countries 2. Protection of intellectual property…

Consider the following statements about ‘Rules of Origin’ : 1. Rules of Origin are the criteria needed to determine the national source of a product. 2. Rules of Origin help the custom agencies to kn…