New Economic Reforms of 1991

Which of the organization replaced General Agreement on Trade and Tariff?

• International Monetary Fund

• United Nations Organization

• World Trade Organization

• World Health Organization

When was the New Economic Policy announced?     

• June 1991     

• July 1991 

• May 1991   

• None of these

Which of the following is not a policy initiated under New Economic Policy?

• Liberalization 

• Privatization 

• Globalization  

• Licensing

Quantitative restrictions on imports of manufactured consumer goods and agricultural products were also fully removed from?

• 1980

• 1991

• 2001 

• 1995

On which date did PM Narendra Modi address the Indian people announcing the demonetization of ₹500 and ₹1000 notes?

• 8 Oct 2017 

• 8 Nov 2016   

• 8 Nov 2017

• 8 Oct 2016

The highest GST rate applicable now is...

•   28%

• 12%

• 18%

• 38%

GST was introduced in India with effect from...    

•   1/7/2017

• 1/7/2016 

•     1/7/2018

• 1/7/2019

What is the other name of World Bank?

• World Health Organization

• International Monetary Fund

• World Trade Organization

• International Bank for Reconstruction and Development

When was WTO founded?  

•   1948   

• 1951     

• 1991  

•   1995

At present how many member countries WTO has?

• 150

• 164

• 159

• 190