- The primary goal of the WTO is to create a rule-based global trading system.
- This ensures that member nations do not impose arbitrary or unilateral trade restrictions.
- The provided reason aligns with the assertion because the WTO seeks to optimize global production, ensure efficient resource utilization, and integrate environmental protection within trade agreements.
Read the following text carefully from ‘The Economic Times’ dated 8th June, 2023:
{“The Reserve Bank of India’s (RBI’s) rate-setting panel unanimously decided to keep the benchmark lending rate unchanged at 6.5%. The committee voted to remain focused on the withdrawal of accommodative monetary policy.”}
On the basis of the given text and common understanding, answer the following questions: (a) Identify and discuss the economic issue indicated in the above text.
“Amita is a regular worker in a private firm that employs twelve hired workers.” Is she working in the formal/informal sector? Give valid reasons in support of your answer.
Discuss any two liberalization measures pertaining to the tax reforms, introduced by the government, during the economic reform process of 1991.
“Information Technology can play a crucial role in rural development.”
Discuss briefly the given statement.
The correct IUPAC name of \([ \text{Pt}(\text{NH}_3)_2\text{Cl}_2 ]^{2+} \) is: