Question : Which of the following is the right expansion of GATT?
Option 1: Government Agreement on Trade and Tax
Option 2: General Agreement on Trade and Tariffs
Option 3: Government Agreement on Trade and Tariffs
Option 4: General Agreement on Trade and Tax
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Correct Answer: General Agreement on Trade and Tariffs
Solution : The correct option is the General Agreement on Trade and Tariffs .
On October 30, 1947, 23 countries signed the General Agreement on Trade and Tariffs (GATT), which came into effect on January 1, 1948, in a provisional capacity. Its goal was to encourage global trade by lowering or getting rid of trade restrictions like tariffs and quotas.
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Question : Which of the following taxes is levied by the state government only?
Question : In India, which of the following taxes is levied by the state government?
Question : Which of the following is an indirect tax?
Question : Which of the following is not an indirect tax?
Question : Which among the following is the tax levied by the center and not shared with states?
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