Indian Economy Gk Questions and Answers

9. TRIPS (Trade Related aspects of Intellectual Property Rights) agreement is administered by
  A.  World Bank (WB)
  B.  World Trade Organization (WTO)
  C.  United Nations Conference on Trade and Development (UNCTD)
  D.  United Nations Organization (UNO)
Answer
Ans: B
World Trade Organization (WTO)
10. Which one among the following administers the International Development Association?
  A.  IFAD
  B.  UNDP
  C.  UNIDO
  D.  IBRD
Answer
Ans: D
IBRD
11. A tax that takes away a higher proportion of one's income as the income rises is termed as
  A.  indirect tax
  B.  progressive tax
  C.  regressive tax
  D.  proportional tax
Answer
Ans: B
progressive tax
12. Which one among the following countries is not a member of ASEAN?
  A.  India
  B.  Vietnam
  C.  Cambodia
  D.  Brunei Darussalam
Answer
Ans: A
India
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