Consider the following statement. (i) Paid up share capital which doesn't exceed 50 lakh rupees or such higher amount as may be prescribed which shall not be more than 5 crore rupees. (ii) Paid up share which extends up to 50 lakh rupess or higher amount as may be prescribed which shall extends more than 5 crore. Which of the following statements is/are correct?

Which of the following were the aims behind the setting up of the World Trade Organization (WTO)? 1. promotion of free trade and resource flows across countries 2. protection of intellectual property rights 3. managing balanced trade between different countries 4. promotion of trade between the former East Bloc countries and the Western World

Consider the following statements in respect of the functions of World Trade Organisation (WTO): 1. It seeks to make international trade free by establishing predictable and transparent ground rules. 2. It promotes capital flow from developed to developing countries. 3. It provides a forum for trade negotiations. 4. It works as a neutral agency for settlement of trade disputes. Identify the correct statements from the above:

Which of the following statement is not correct in relation to International Monetary Fund? 1. India is a founder member of the IMF. 2. IMF conducts regular review of India's economic status under Article IV. 3. India?s quota in the IMF is more than 2 per cent 4. Finance Minister is ex-officio Governor of the IMF.

In the post 'Brexit' and emergence of Donald Trump in US, which of the following phenomenon is most likely to affect the global economy?

The most notable feature of tax revenue generation during 2016- 17 has been the over-performance (even relative to budget estimates) of excise duties. Which of the following phenomenon is responsible for this?

Non-tax revenues of central government have been challenged in 2016-17. Which of the following is the correct cause of this shortfall?

Fiscal stability means that, other things remaining constant

Which is incorrect about convertibility?

____is not a non-Plan expenditure?

Name the country that in December 2016 demonetized its biggest banknotes.

Fiscal deficit means:

Which statements are true regarding India's Import? I. In 1947-48 the main items of India's imports were machineries, oil, grains, cotton, cutlery, hardware implements, chemicals, etc. II. They constituted 70% of India's imports

What is meant by term Balance of Payment?I. Those transactions arising out of exports and imports (the visible items)II. It is astatistical statement of all transactions made between one particular country and all other countries during a specified period of timeIII. This account is the summary of all international trade transactions of the domestic country in one year

What is meant by term Balance of Trade? I. Those transactions arising out of exports and imports (the visible items) II. It is a statistical statement of all transactions made between one particular country and all other countries during a specified period of time III. This account is the summary of all international trade transactions of the domestic country in one year