What was the purpose of EFTA (European Free Trade Association)?
Options: To remove all tariffs on trade of industrial goods between the member countries, To aid the creation of a single west European market to help boost world trade, both (a) and (b), None of the above
The phrase 'procedure established by the law' means
Options: the judges in India cannot question the fairness or validity of a law, provided it is within the limits of the constitution, judges in India can question the fairness or validity of an undue law even if it is within the limits of the constitution, judges in India can declare a law invalid simply because in their opinion the law is not due or is unjust, None of the above
Options: reduction in the value of a currency vis-a-vis major internationally traded currencies, permitting the currency to seek its worth in the international market, fixing the value of the currency in conjunction with the movement in the value of a basket of pre-determined currencies, fixing the value of currency in multilateral consultation with the IMF, the World Bank and major trading partners