Identify the correct option which describes the objective of the Goods and Service Tax (GST)?

After agreeing on the conditions of World Bank and IMF India announced which of the following policy?

Identify the correct order of the events in which they occurred in India.

(A) Removal of quantitative restrictions on import of manufactured goods.

(B) Indian parliament passed a law, Goods and Services Act.

(C) Establishment of GATT

(D) WTO founded as successor organisation to GATT.

Choose the correct answer from the options given below :

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.

Choose the correct answer from the options given below:

From which of the following two inernational organisations India had to borrow for its balance of payment crisis?

As per Foreign Exchange Reforms, in 1991, as an immediate measure to resolve the balance of payments crisis, the rupee was ____________ against foreign currencies.

Arrange the following sequence of events related to liberalization, privatisation and globalisation in chronological order.

(A) General Agreement on Trade and Tariff (GATT)

(B) World Trade Organization (WTO)

(C) New Economic Policy (NEP) implementation in India

(D) Introduction of Goods and Service Tax (GST)

Choose the correct answer from the options given below: