UPSC 1995 › Indian Economy › International Trade & WTO

2 questions · 1995 · answers as per the UPSC key

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UPSC 1995 · Q79 · Indian Economy › International Trade & WTO · Save

Which of the following benefits are likely to accrue to India from the World Trade Organisation? I. India’s share in the world trade is to go up from the present 600 million US dollars to 5 billion US dollars by 2000 A.D. II. It will help boost exports of agricultural commodities from India. III. India’s share in the world trade is likely to triple by the year 2000 A.D.

Select the correct answer using the codes given below:

(a) I, II and III
(b) I and II
(c) I and III
(d) II and III
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Answer: (d) II and III
UPSC 1995 · Q96 · Indian Economy › International Trade & WTO · Save

The new Exim Policy announced in 1992 is for a period of

(a) 3 years
(b) 4 years
(c) 7 years
(d) 5 years
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Answer: (d) 5 years