Question
In the below question, a sentence is given, divided into
five parts (A), (B), (C), (D) and (1). There is an error in one of the parts, which makes the sentence grammatically or contextually incorrect. Choose the option with the part containing error. Consider part (1) to be correct. The Generalized System of Preferences (GSP) program (1)/ sets zero tariffs for certain goods from a set (A)/ of 120 developing countries in order to foster (B)/ trade and economic development, and accounts in some (C)/ $5.6 billion of India's exports to the U.S, making India the largest GSP beneficiary. (D)Solution
The sentence explains what GSP does. It also says that India is the largest beneficiary. The usage of the preposition 'in' is incorrect in part C. 'For' is the right replacement. Account for - Supply or make up (a specified amount or proportion). Option B is the right answer.
Which of the following statements is/are correct regarding Derivatives in India?
1)Â Â Â Â Â Derivatives are financial instruments that deriv...
A ___________ is an agreement between two parties to exchange cash flows on a determined date or in many cases multiple dates.
What does the BRSR Core represent?
Calculate the Debt/Equity Ratio of the company from the above information.
Identify the Prepaid Payment Instruments (PPI) from the following options?
When did Financial Stability Board come into existence?
How could the company, ABC Ltd, have made Ram stay in the company?
Which of the following is NOT an example of a forward contract?Â
In case when prices are going down, buyer of a futures position will be given a call for the margin:
Flexible Budget is a budget with which features?