Question
Match the List-I with List-II
LIST I
Act/ InstitutionLIST II
YearA. Consumer Protection Act I. 1964 B. FEMA II. 1945 C. IMF III. 1999 D. UNCTAD IV. 2019
Choose the correct answer from the options given below:
The correct answer is
A-IV, B-III, C-II, D-I
Matching Acts and Institutions with Years
The question requires matching the items in List I (Acts/Institutions) with the correct years from List II.
Here's the correct matching:
- A. Consumer Protection Act matches with IV. 2019. The significant Consumer Protection Act, 2019, replaced the older act.
- B. FEMA (Foreign Exchange Management Act) matches with III. 1999. FEMA was enacted in 1999.
- C. IMF (International Monetary Fund) matches with II. 1945. The IMF was established in 1945.
- D. UNCTAD (United Nations Conference on Trade and Development) matches with I. 1964. UNCTAD was established in 1964.
Therefore, the correct option is A-IV, B-III, C-II, D-I.
| List I Item | List II Year |
|---|---|
| A. Consumer Protection Act | IV. 2019 |
| B. FEMA | III. 1999 |
| C. IMF | II. 1945 |
| D. UNCTAD | I. 1964 |
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Important Questions from Business Environment and International Business
G20 Summit (2023) Proposed which Economic corridor including shipping and rail lines?
- According to eclectic theory of foreign direct investment, foreign direct investment will occur under which of the following conditions when they are to be uniquely combined?
A. Ownership
B. Location
C. Market power
D. Internationalization
E. Vertical integration
Choose the most appropriate answer from the options given below : - For Forigen Direct Investment, it is argued that a location in question attracts FDI because it combines the unique advantage of which of the following conditions?
A. Internalisation Advantage
B. First Mover Advantage
C. Knowledge Advantage
D. Ownership Advantage
E. Location Advantage
Choose the correct answer from the options given below: - Which of the following are the reasons for substitution between domestic and MNC goods?
A. Increased knowledge of foreign products due to international information revolution
B. No need to conduct advertising campaigns
C. Transportation costs having fallen to very low levels for most products
D. Restricted international travel
E. Tastes are consistent at the global level
Choose the correct answer from the options given below: - Match List I with List II
List I List II Nature of Business Activity FDI Permitted under Automatic Route A. Trading in Transferable Development Rights (TDR) I. 49% B. Multi-Brand Retail Trading II. Prohibited C. Satellite (Establishment and Operations) III. 51% D. Petroleum Refining (by PSUs) IV. 100%
Chose the correct answer from the option given below:
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