Opening up the economy to the economies of the world so that Indian economy can compute at international level is called:

1. Liberalisation.
2. Globalisation.
3. Privatisation.
4. None of the above.

_______ sector has got maximum boost from new economic policy 1991.

1. Primary Sector.
2. Secondary Sector.
3. Tertiary Sector.
4. All of the above.

International body which deals with Multilateral Trade Agreement between nations is:

1. UNO
2. WTO
3. OPEC
4. IBRD

Which of the following is/are objective(s) of GST?

1. To eliminate classification dispute between goods and services.
2. To bring uniformity in tax rates.
3. To ensure availability of input tax credit across the value chain.

Choose from the options below:

1. Both (i) and (ii).
2. Both(i) and (iii).
3. Both (ii) and (iii).
4. All of these.

Which is the latest tax introduced by the government of India? (Choose the correct alternative):

1. Goods and Services tax.
2. Value-added tax.
3. Service tax.
4. Corporation tax.

Which of the following organisations settles the disputes among the member countries?

1. IME
2. World Bank
3. WTO
4. None of the above.

________ was the predecessor organisation to World Trade Organisation (WTO).

1. International Bank for Reconstruction and Development (IBRD)
2. International Monetary Fund (IMF)
3. Reserve Bank of India (RBI)
4. General Agreement on Tariffs and Trade (GATT)

How many PSUs were given status of mini ratnas?

1. 108
2. 9
3. 97
4. 21

Which of the following factors cause government to undertake programmes of public sector reforms?

1. Economic inefficiency in the production activities of the public sector.
2. Rapid and unreasonable expansion of bureaucracy.
3. Lack of accountability and corruption.
4. All the above.