India is benefiting from liberalisation and integration of world markets. Comment on this statement in the light of outsourcing services.

Explain any four main objectives of globalisation.

How will Goods and Services Tax (GST) be a comprehensive indirect tax? Explain.

Write a brief note on International Monetary Fund (IMF). Also state its objectives.

Give any three aims of demonetisation.

What did the trade policy reforms aim at?

Read this excerpt of a news item from a daily newspaper describing something that is now becoming increasingly common.
"On a morning, a few minutes before 7A.M., Greeshma sat in front of her computer with her headset on and said in accented English 'Hello, Daniella'. Second later, she gets the reply, 'Hello, Greeshma'. The two chatted excitedly before Greeshma said that we will work on pronouns today'. Nothing unusual about this that except that Greeshma, 22, was in Kochi and her student Daniella, 13, was at her home in Malibu, California. Using a simulated whiteboard on their computers, connected by the Internet, and a copy of Daniella's textbook in front of Greeshma, she guides the teenager through the intricacies of nouns, adjectives and verbs. Greeshma, who grew up speaking Malayalam, was teaching Daniella English grammar, comprehension and writing." 

1. How has this become possible? Why can't Daniella get lessons in her own country? Why is she getting English lessons from India, where English is not the mother tongue? 
2. India is benefitting from liberalisation and integration of world markets. Do you agree?

What are the objectives of WTO?

The single tax implemented from 1st July 2017 was likely to reduce prices of which kind of products? Give example of any three items which are exempted from GST and why? Give reason.

How is GST administered in India?