International Bank for Reconstruction and Development (IBRD) is popularly known as:

1. World Bank.
2. Bank of Tokyo.
3. American Express.
4. HSBC Bank.

How many industries are reserved for public sector at present?

1. 4
2. 17
3. 10
4. 3

Predecessor of WTO is:

1. General Agreement on Trade and Tariff.
2. General Announcement on Trade and Tax.
3. General Agreement on Taxes and Trials.
4. None of the above.

Financial sector reforms mainly relate to:

1. Banking sector.
2. Insurance sector.
3. Both (a) and (b).
4. Stock market.

Which of the following is not true about economic crisis of India in 1990?

1. India was highly indebted country, pay ₹ 10,000 crore as interest payment.
2. Foreign exchange reserves showed a marginal rise owing to policies between 1950 to 1990.
3. Inflation rate was very high at 16.8% per annum.
4. BOP was in deficit of ₹ 30,000 crore.

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.

Rate of which tax was reduced as per the tax reforms:

1. Income tax.
2. Corporation tax.
3. Value-added tax.
4. Property tax.

How many countries are members of WTO at present?

1. 190
2. 156
3. 153
4. 180

___________ refers to an electronic device that allows an individual to make financial transactions electronically.

1. e-wallets.
2. Plastic cards.
3. Cheques.
4. None of the above.

Which market form has declined with coming of NEP?

1. Monopoly Market.
2. Perfect Competition.
3. Oligopoly.
4. Monopolistic Competition.