Commerce Quiz 42 || UGC NET Paper 2 || Banking and Financial Institutions
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Which of the following is not the salient feature of the industrial policy developments since 1991?
Which one of the following is not the characteristic of capitalism?
Assertion (A): An export processing zone is different from free trade zone as it promotes units primarily devoted to exports.
Reasoning (R): Goods imported to a free trade zone may be re-exported without any processing, in the same form. But goods exported by units in an EPZ are expected to have undergone some value addition by manufacturing/processing.
Assertion (A): The volume of imports tends to be very high when there is a conjecture of high rate of economic growth and a sharp fall in the relative price of imports and vice versa.
Reason (R): High rate of growth, ceteris paribus, is associated with rise in imports and increase in the imports, ceteris paribus, is associated with a fall in the relative price of imports.
Match the items of List - II with List - I to identify the correct code which are related to legal forces affecting international marketers.