India's Foreign Trade and Policy-Trade Agreements with Other Countries [NTA-NET (UGC-NET) Management (& Allied Subjects) (17)]: Questions 1 - 3 of 6

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Question 1

Question MCQ▾

A document authorized by the buyer for the seller to draw on buyer՚s bank, the amount stated on completion of conditions as stated in letter of credit:

Choices

Choice (4)Response

a.

Export Invoice

b.

Bill of exchange

c.

Bill of Lading

d.

Marine Cargo Insurance Policy

Edit

Question 2

Appeared in Year: 2018

Question Assertion-Reason▾

Assertion(Ꭺ)

The United Nations Inter-governmental Panel on Climate Change has concluded that there is a discernible human influence on the global climate.

Reason(Ꭱ)

The United Nations Groups Conclusions are unformed; some expects differ and say that a reliable estimate of the human imprint՚s magnitude remains a distance off.

Choices

Choice (4)Response

a.

Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ

b.

Ꭺ is false but Ꭱ is true

c.

Both Ꭺ and Ꭱ are false

d.

Ꭺ is true but Ꭱ is false

Edit

Question 3

Appeared in Year: 2018

Question MCQ▾

The following statements related to Restrictive Trade Practices (RTP) . Choose the correct code for the statements being correct or incorrect.

Statement I: Often the low price is the result of the predatory pricing strategy; prompting selling at prices below cost.

Statement II: This is done with an aim to drive out existing competitors because predatory pricing is a restrictive trade practice.

Choices

Choice (4)Response

a.

Statement II is correct, but I is incorrect.

b.

Statement I is correct, but II is incorrect.

c.

The statements I and II are incorrect.

d.

The statements I and II are correct.

Edit