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► MCQ Exam ON : General Awareness

As per the news published in various news papers Pakistan has imposed 15 per cent regulatory duty on exports of cotton yarn. Why countries are required to impose regulatory duties on exports of some of their commodities while in the eyes of the layman more exports means more foreign exchange and more revenue for the Govt. ? It is done to control the exports of a commodity as it may be needed more in local markets than in foreign countries. It is done to control the general inflation in the country as the inordinate exports of various commodities create imbalance and also cost push inflation. It is a good short time measure to collect more revenue from the exports of the commodity which is in high demand in overseas markets.

1)		Only 1
2)		Only 2
3)		Only 3
4)		All 1, 2 and 3
5)		None of these

(Complaint Here As Incorrect)

Important MCQ on Related Subject

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Which of the following statement(s) is/are correct about the Aam Aadmi Bima Yojana (AABY) launched by the Union Govt. ? The scheme is drawn to include another one crore beneficiaries in the scheme by the end of September 200 The scheme was announced to provide insurance cover to those women workers who come for job under National Rural Employment Guarantee Act. Under the scheme, the central govt. bears the entire amount of the premium which is around Rs. 6,000 per year for each beneficiary.

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