Answer: Option [C]The correct answer is Exporting goods at prices below the actual cost of production or below the price in it's domestic market. Dumping is, in general, a situation of international price discrimination, where the price of a product when sold in the importing country is less than the price of that product in the market of the exporting country.
Answer: Option [B]The correct answer is are spread over several commodity groups.
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Add GKSeries as Preferred SourceAnswer: Option [D]The correct answer is Goods brought from the SEZ to the domestic tariff area are to be treated as ‘imported’ goods. SEZs are treated as foreign territory for tax purposes even though they are located within a country's borders. Supplies into SEZs are exempt from paying GST because they are considered as exports. But, when an SEZ supplies goods/services to anyone, it will be deemed a regular inter-state supply and will attract IGST.
Answer: Option [A]Invisible Export refers to export of Services. In balance of payment, invisible exports refers to the export of services which a domestic country exports to the outside world. These services are regarded as invisible owning to their nature as they are intangible.
Answer: Option [B]Tertiary sector does not include Electricity. Electricity doesn't fall into the category of tertiary sector because it is a joint collaboration between government with the states as they both share the funding part by creating overall economic growth.
Answer: Option [C]The correct answer is Mining.
Answer: Option [D]The correct answer is All of these.
Answer: Option [D]The correct answer is Reserve Bank of India.
Answer: Option [D]Foreign trade is promoted by STC, MMTC and ECGC.
Answer: Option [C]The correct answer is Replacing import items by domestic production of such items. Import substitution is a strategy under trade policy that abolishes the import of foreign products and encourages production in the domestic market. The purpose of this policy is to change the economic structure of the country by replacing foreign goods with domestic goods.
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