ECONOMICS (CBSE/UGC NET)

ECONOMICS

FINANCIAL MARKETS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
WHICH OF THE FOLLOWING IS NOT A PART OF INDIAN FINANCIAL SYSTEM
A
Banks
B
Non Banks
C
WTO
D
Agriculture development Institutions
Explanation: 

Detailed explanation-1: -Iran, Algeria, Belarus, Serbia, Sudan, Turkmenistan are some important countries that are not a member of WTO.

Detailed explanation-2: -To facilitate the expansion and balanced growth of international trade is a function of IMF not WTO.

Detailed explanation-3: -It is not a lending facility, but rather a policy aimed at making Fund resources more predictably available under existing IMF facilities. High-level coordination: The Managing Director of the IMF and the Director General of the WTO consult regularly on a range of trade-related issues.

Detailed explanation-4: -Standards and safety. Services. Anti-dumping, subsidies etc. Non-tariff barriers. Plurilaterals.

There is 1 question to complete.