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

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The 'Trade-Related Investment Measures' agreement under WTO deals with:

A. intellectual property

B. banking

C. investment measures that affect trade

D. agriculture

Answer: Option C

Solution (By JKSSB Mock Tests)

TRIMs deals with investment measures that distort trade.

This question belongs to: Economy GK Economy Set 1

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Question #1

Devaluation of a currency refers to:

A. market-determined fall in the value of a currency

B. official lowering of the value of a currency under a fixed exchange rate system

C. a rise in domestic interest rates

D. buying of foreign currency by the central bank

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Correct Answer: Option B

Explanation:
Devaluation is the official lowering of a currency's value under a fixed exchange rate system.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'exchange traded fund' for disinvestment of public sector enterprises is managed by:

A. IRDAI

B. RBI

C. PFRDA

D. SEBI-registered asset management companies

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Correct Answer: Option D

Explanation:
PSU ETFs are managed by SEBI-registered asset management companies.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Patent' in India is granted by which office?

A. SEBI

B. Ministry of Finance

C. Controller General of Patents, Designs and Trade Marks

D. RBI

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Correct Answer: Option C

Explanation:
Patents are granted by the Office of Controller General of Patents, Designs and Trade Marks.

This question belongs to: Economy GK Economy Set 1

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