1201: One of the important goals of the economic liberalisation policy is to achieve full convertibility of the Indian rupee. This is being advocated because.

(a) convertibility of the rupee will stabilize its exchange value against major currencies of the world

(b) it will attract more foreign capital inflow in India

(c) it will help promote exports

(d) it will help India secure loans from the world financial markets at attractive terms
1202: An ad valorem duty is a tax on the basis of:

(a) The price of a commodity

(b) The value added

(c) The advertisement expenditure

(d) The unit of the commodity
1203: Under the administration of which one of the following is the Department of Atomic Energy?

(a) Prime Minister's Office

(b) Cabinet Secretariat

(c) Ministry of Power

(d) Ministry of Science and Technology

1204: To integrate cultural leaders into its meetings, which one of the following gives "Crystal Award"?

(a) Asia Pacific Economic Cooperation

(b) International Bank for Reconstruction and Development

(c) World Health Organization

(d) World Economic Forum
1205: Why do you feel chill after having a dip in sea water?

(a) The difference in temperature between sea water and the atmosphere

(b) Evaporation of water from the body

(c) Deposition of salt on the body

(d) None of these