Match List–I with List–II. List–IList–II a. WTO 1. Provide finance to correct disequilibrium in balance…
WTO disciplines quantitative trade restrictions;IMF finances balance-of-payments adjustment;SAARC promotes South Asian cooperation/trade;IDA gives concessional development…
Choose your answer
Match List–I with List–II.
| List–I | List–II |
|---|---|
| a. WTO | 1. Provide finance to correct disequilibrium in balance of payments |
| b. IMF | 2. Generally forbids quantitative restrictions in trade |
| c. SAARC | 3. Sanction of soft loans |
| d. IDA | 4. Promotes trade among South Asian Countries |
Codes ordered a,b,c,d:
Answer and explanation
Correct answer C
WTO disciplines quantitative trade restrictions;IMF finances balance-of-payments adjustment;SAARC promotes South Asian cooperation/trade;IDA gives concessional development finance. Thus2,1,4,3;the other codes swap institutional mandates.
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UGC NET Economics