The 'Trade-Related Investment Measures' agreement under WTO deals with: MCQ with Answer and Explanation

The 'Trade-Related Investment Measures' agreement under WTO deals with:
A. agriculture
B. banking
C. investment measures that affect trade
D. intellectual property
Answer: Option C
Solution (By JKSSB Mock Tests)
TRIMs deals with investment measures that distort trade.

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Practice More Economy Set 1 Questions

Question #1
Which of the following is NOT a determinant of aggregate demand?
A. Government expenditure
B. Technology level
C. Consumption expenditure
D. Investment expenditure

Correct Answer: Option B


Explanation:
Technology primarily affects aggregate supply. Aggregate demand is determined by consumption, investment, government spending and net exports.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'European Union' currently has how many member countries after Brexit?
A. 28
B. 30
C. 25
D. 27

Correct Answer: Option D


Explanation:
After Brexit, the EU has 27 member states.

This question belongs to: Economy GK Economy Set 1
Question #3
Which of the following is NOT a type of public enterprise based on ownership?
A. Departmental undertaking
B. Private limited company with no government share
C. Public corporation
D. Government company

Correct Answer: Option B


Explanation:
Public enterprises are owned wholly or substantially by the government and include departmental undertakings, public corporations and government companies. A purely private limited company is not a public enterprise.

This question belongs to: Economy GK Economy Set 1