Some Scholars question the usefullness of India being a member of the __________ organisation as a major volume of international trade occurs among the developed nations. Identify the organisation.

Match List-I with List-II

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The origin of the financial crisis lead to adoption of structural reforms. Which of the following is not the possible causes for the same?

What were the major problems that the Indian economy was facing before the introduction of new reform policy?

A. Declining foreign exchange.

B. Growing imports without matching rise in exports.

C. Government revenue exceeds expenditure.

D. Rising prices of essential goods.

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Match List I with List II

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Match List - I with List - II.

List - I (Policy tools) | List - II (Characteristics)

(A) Disinvestment | (I) Hiring of regular services from External source

(B) Out sourcing | (II) Integration of the economy of the country with the world economy

(C) Globalisation | (III) To administer all multilateral trade agreements

(D) GATT | (IV) Privatisation of the public enterprises by selling off part of public equity sector

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Arrange the following in correct chronological order:

A. Goods and Service Tax came into effect

B. WTO was founded

C. GATT was established

D. Demonetization in India

E. Privatization of Air India

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