31. Free Trade Policy refers to a policy where there is

1. 1. absent of tariff

   
   
   

   2. restriction on the movements of goods

   
   
   

   3. existence of anti-dumping policy

   
   
   

   4. encouragement for balances growth

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: A

   N/A

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32. Special Economic Zone (SEZ) Act become effective in

1. 1. 2004

   
   
   

   2. 2005

   
   
   

   3. 2006

   
   
   

   4. 2007

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: C

   N/A

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33. A 'Letter of Credit' is produced by

1. 1. An exporter

   
   
   

   2. An importer

   
   
   

   3. Both by exporter and importer

   
   
   

   4. Shipping company

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: C

   N/A

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34. NAMA-11 group of countries frequently appears in the news in the context of the affairs of which one of the followings?

1. 1. Nuclear Supplier Group

   
   
   

   2. World Bank

   
   
   

   3. World Economic Forum

   
   
   

   4. World Trade Organisation

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: D

   N/A

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35. How many countries are members of WTO ?

1. 1. 149

   
   
   

   2. 100

   
   
   

   3. 120

   
   
   

   4. 200

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: A

   N/A

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