CUET Economics 2026 19th May Shift 2 PYQs

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 :

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:

_________ measures are _________ measures intended to correct some of weaknesses that have developed in the Balance of payment.