Ireland
The question asks us to determine which country had a greater share than India in global services exports as of 2023 from the provided options. Let's analyze the situation step-by-step:
- In 2023, Ireland was known for its significant exports in services, particularly in information technology and financial services. It has established itself as a major hub for multinational corporations, contributing to its high global rank in services exports.
- Russia, while having some exports in technology and services, primarily relies on energy exports. Its services sector is not globally dominant compared to countries like Ireland.
- Indonesia has a growing economy with an increasing services sector, but it has not surpassed India in terms of global services exports.
- The answer option "More than one of the above" implies that we are looking for multiple correct answers, which is not the case based on available data. Among the given options, only Ireland is known to have a greater share than India.
Therefore, based on the above analysis, it is evident that Ireland had a greater share than India in global services exports in 2023.
Important Questions from International Economic Organisations & India
- As per the latest trade agreement in Bali Ministerial Conference of WTO, India and other developing and under developed countries can launch food security programmes :
- Which International Organisation replaced the General Agreement on Tariffs and Trade (GATT) in 1995, acting as a key driver for globalization?
- Which of the following most suitably captures the meaning and essence of 'globalization'?
1. It is about conducting external relations between two or more States of the world
2. It is a process of coming together of world-wide social relations bypassing territories
3. It refers to thinking transterritorially about global risks affecting people
4. It has a wishful vision of suprastate governance
Select the correct answer using the code given below : The basic foundation of global economic governance in the post second World War was laid by various institutional frameworks. Which of the following combinations is correct?
a) IMF, World Bank, GATT
b) IMF, World Bank, Asian Development Bank
c) World Bank, GATT, BRICS
d) Asian Development Bank, IMF, IBRD
Options:
With reference to the World Trade Organisation (WTO), consider the following statements :
I. Its headquarters are located in Geneva, Switzerland.
II. As of December 2024, it has 166 member countries.
III. India is a founding member of the organisation.
IV. It was established in 1945 along with the United Nations system.
Which of the statements given above are correct?
