With reference to Non-Fungible Tokens (NFTs), consider the following statements : 1. They enable the digital representation of physical assets. 2. They are unique cryptographic tokens that exist on a blockchain. 3. They can be traded or exchanged at equivalency and therefore can be used as a medium of commercial transactions. Which of the statements given above are correct?

With reference to the "G20 Common Framework", consider the following statements: 1. It is an initiative endorsed by the G20 together with the Paris Club. 2. It is an initiative to support Low Income…

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…

Why is the offering of “teaser loans” by commercial banks a cause of economic concern ? 1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of…

With reference to an initiative called ‘The Economics of Ecosystems and Biodiversity (TEEB)’, which of the following statements is/are correct? 1. It is an initiative hosted by UNEP, IMF and World Ec…

Consider the following statements: 1. WTO uses the factors of trade and the level of economic development of a country as the criteria for making a distinction between a developed and a developing co…