Get Advice on Live Video Call
Earn $ Cash $ with
consultations on Bissoy App

Which of the following are results of Bretton Woods's Conference?<br>1. Creation of IMF.<br>2. Creation of IBRD.<br>3. Fixed exchange rate system based on gold and the dollar.<br>4. The first Agreement on Tariffs and Trade (GATT).<br>Select the correct answer

Correct Answer: All of the above

Each item consists of six sentences of a passage. The first and sixth sentences are given in the beginning as S1 and S6. The middle four sentences in each have been jumbled up and labelled as P, Q, R and S. You are required to find the proper sequence of the four sentences and markyour response accordingly on the Answer Sheet.
S1 :In a globalized world, no country can hope to impose tariffs without affecting its own economic interests.
S6 :The ongoing trade war also threatens the rules-based global trade order which has managed to amicably handle trade disputes between countries for decades.
P :So both the U.S. and China, which have blamed each other for the ongoing trade war, are doing no good to their own economic fortunes by engaging in this tit-for-tat tariff battle.
Q : Apart from disadvantaging its consumers, who will have to pay higher prices for certain goods, tariffs will also disrupt the supply chain of producers who rely on foreign imports.
R : China, which is fighting an economic slowdown, will be equally affected.
S :The minutes of the U.S. Federal Reserve June policy meeting show that economic uncertainty due to the trade war is already affecting private investment in the U.S., with many investors deciding to scale back or delay their investment plans
The correct sequence should be

Given that, 24 carat gold is pure gold, 18 carat gold is 3/4th of pure gold and 20 carat gold is 5/6th of pure gold, the ratio of the pure gold in 18 carat gold to the pure gold in 20 carat gold is -

Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statements : The Bank of England's move to auction 25 metric tons of gold drew plenty of bidders looking for a bargain, but was criticised by major gold producers worldwide.

Conclusions :
I. The Bank of England should not auction gold which it possesses to keep steady international prices of gold.
II. Bidders should quote higher gold prices to retain present value of gold in the international markets.

Consider the following for the dissolution of trade unions under the Trade Union Act, 1926. Which of the following statement(s) is/are correct?
1. When a registered Trade Union is dissolved, notice of the dissolution is signed by nine members and by the Secretary of the Trade Union.
2. The notice of dissolution must be sent within ten days to the Registrar.
3. Where the dissolution of a registered Trade Union has been registered and the rules of the Trade Union donot provide forthe distribution of funds of the Trade Union on dissolution, the registrar shall divide the funds amongst the members in such manner as may be prescribed.

Which of the following is not an agreement in restraint of trade?
1. A sells the goodwill of his business with an agreement not to carry on a similar business within specified local limits, so long as the buyer carries on a similar business.
2. A sells the goodwill of his business with an agreement not to carry on a similar business within India, so long as the buyer carries on a similar business.
3. A sells the goodwill of his business with an agreement not to practice the same trade for 25 years.
4. A sells the goodwill of his business with an agreement not to engage in any business competing or liable to compete in any way with the business for the time being carried on by the buyer.

Which of the following statements relating to the trade unions under the Trade Unions Act, 1926 are not true?
1. Every registered trade union has to submit a half yearly return to the Registrar of Trade Unions.
2. Any person who has attained the age of eighteen can become an office bearer of the trade union.
3. Retired or retrenched employees of an organisation holding an office in a trade union shall not be construed as an outsider.
4. The number of outsiders working as office bearers in registered trade union functioning other than in an unorganised section shall be limited to eight.

Which of the following statements are true/false?
1. The Societies Registration Act, 1860 shall not apply to any registered Trade Union, and the registration of any such Trade Union under any such Act shall be void.
2. Trade Unions may be temporary or permanent.
3. Workmen means all persons employed in trade or industry whether or not in the employment of the employer with whom the trade dispute arises.
4. Every registered Trade Union shall be a body corporate by the name under which it is registered, and shall have perpetual succession and a common seal with power to acquire and hold both movable and immovable property and to contract, and shall by the said name sue and be sued.

Which of the following is/are true about Bill of Exchange?
1. A bill of exchange requires in its inception two parties.
2. A bill of exchange or 'draft' is a written order by the drawer to the drawee to pay money to the payee.
3. Bills of exchange are used primarily in international trade, and are written orders by one person to his bank to pay the bearer a specific sum on a specific date.
4. Definition of 'Bill of Exchange' is mentioned in Section 6 of the Negotiable Instrument Act.

Which of the following statements are true/false?
1. Registered Trade Unions are registered under Section 2(e) of the Trade Union Act, 1926.
2. Trade Disputes are defined under Section 2(g) of the Trade Union Act, 1926.
3. The Application of registration of Trade Union is covered under Section 3.
4. The Chief Labour Commissioner will issue a certificate in the prescribed format confirming the registration of Trade Union.

Which among the following are covered within 'Arbitration Agreement' as per Section 7 of the Arbitration and Conciliation Act 1996?
1. Oral agreement.
2. It may be in the form of a separate agreement.
3. Agreement by parties to submit the disputes which have arisen.
4. Agreement by parties to submit the disputes which may arise.
Select the correct answer using the given below.