Monohar Pandey Solutions for Exercise 13: Exercise 13

Consider the following statements
$1.$ BIMSTEC (Bay of Bengal Initiative for Multi- Sectoral Technical and Economical Cooperation) is visualised as a bridging link between ASEAN and SAARC.
$2.$ It was formerly known as the Bangkok Agreement.
Which of the statements given above is/are correct?

Which one of the following international organisations offers political risk insurance guarantees to help investors to protect Foreign Direct Investments made in developing countries against political risk?

Consider the following statements on Bay of Bengal initiative for Multi-sectoral Technical and Economic Cooperations.
$1.$ BIMSTEC has seven members Bangladesh, Bhutan, India Myanmar, Sri Lanka and Thailand.
$2.$ BIMSTEC provides a link between South Asia and South - East Asia by way of economic cooperation and linkages in identified areas of cooperation.
$3.$BIMSTEC was rechristened a BISTEC in the year $2014$.
Select the correct answer using the coded given below.

Which one of the following is not correct in the context of balance of payments of India during$2013-14?$

Which one of the following is not a member of MERCOSUR (Southern Common Market)?

Which of the following organisations brings out the publication known as World Economic Outlook?

In which of the following years was the trade balance favourable to India ?

Which of the following is not the recommendation of the Aarvind Mayaram Committee on rationalising the FDI/FPI definition (June, $2014$)?