UGC NET 2024 Commerce Question Paper (03-Sep-2024) (Shift 1)

Question 1

In WTO terminology, subsidies in general are identified by “boxes”. Domestic support measure considered to distort production and trade, which is defined in Article 6 of the Agriculture Agreement falls into which box?

Accepted Answer

Amber Box

Answer

Jumbo Box

Answer

Greeenfield Box

Answer

Black Box

Question 2

WTO in its $8^{	ext{th}}$ Ministerial conference adopted a decision allowing members to waive the provisions of Article II (most favored-National Treatment) of the GATS to allow the granting of preferential treatment to services and service supplies to which countries?

Accepted Answer

Least-Developed Countries

Answer

Adjacent Countries

Answer

Non-Nuclear Countries

Answer

SAARC Countries

Question 3

The tool that International Development Association (IDA) uses to address the impact of severe natural disasters, public health emergencies by providing extra finances is known as

Accepted Answer

Crisis Response Window (CRW)

Answer

Emergency Response Fund (ERF)

Answer

Long term Lending system

Answer

Monetary Fund

Question 4

A statistical statement in International business that shows at a point the value of financial assets of residents of an economy that are claims on non-residents or are gold bullion held as reserve assets and the liabilities of residents of an economy to non-residents is known as

Accepted Answer

The Internation Investment Position (IIP)

Answer

Currency Composition Table

Answer

Special Purpose Entities (SPEs)

Answer

Cross Border Flows

Question 5

If selling price per unit is ₹56.00. Variable cost per unit is ₹32.00 and total fixed cost is ₹60,000, what is the number of units that used to be sold in order to achieve a profit of ₹84,000?

Accepted Answer

6000 units

Answer

8400 units

Answer

5000 units

Answer

6500 units

UGC NET 2024 Commerce Question Paper (03-Sep-2024) (Shift 1)

UGC NET Library and Information Science 2024 - 2025 Mock Test Series

UGC NET (Paper 1) 2025 Mock Test Series (Updated)

UGC NET-SET-JRF Previous Year Paper Test Series (Paper 1 & 2)

UGC NET-JRF-SET Teaching & Research Aptitude(General Paper I) Mock Test Series

UGC NET Electronic Science Mock Test Series

UGC NET Education Mock Test Series

UGC NET 2025 Sociology Mock Test Series

UGC NET 2025 Sanskrit Mock Test Series

UGC NET 2025 Political Science Mock Test Series (New)

UGC NET 2025 Management Mock Test Series

UGC NET 2025 History Mock Test Series

UGC NET 2025 Hindi Mock Test Series

UGC NET 2025 Geography Mock Test Series

UGC NET 2025 English Mock Test Series

UGC NET 2025 Education Mock Test Series

UGC NET 2025 Economics Mock Test Series

UGC NET 2025 Computer Science Mock Test Series

UGC NET 2025 Commerce Mock Test Series

UGC NET 2025 Paper 1 Mock Test Series