[amp_mcq option1=”Statement I is correct, but Statement II is incorrect” option2=”Statement II is correct, but Statement I is incorrect” option3=”Both the Statements I and II are correct” option4=”Both the Statements I and II are incorrect” correct=”option1″]<\/p>\n
The correct answer is: A. Statement I is correct, but Statement II is incorrect<\/strong><\/p>\n Statement I is correct because the World Trade Organization (WTO) is the only international organization that deals with the rules of trade between organizations. The WTO was established in 1995 and is headquartered in Geneva, Switzerland. It currently has 164 member countries. The WTO’s mission is to ensure that trade flows smoothly, freely, fairly and predictably. It does this by negotiating trade agreements, providing a forum for resolving trade disputes, and monitoring national trade policies.<\/p>\n Statement II is incorrect because the limit of holding by individual foreign institutional investors in a company has not been raised from 5 to 10% of company’s share. The current limit is 10%. The aggregate limit has been increased from 24 to 34%, but this is the aggregate limit for all foreign institutional investors, not for each individual investor.<\/p>\n The following are the reasons why Statement I is correct:<\/p>\n The following are the reasons why Statement II is incorrect:<\/p>\n [amp_mcq option1=”Statement I is correct, but Statement II is incorrect” option2=”Statement II is correct, but Statement I is incorrect” option3=”Both the Statements I and II are correct” option4=”Both the Statements I and II are incorrect” correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[702],"tags":[],"class_list":["post-33865","post","type-post","status-publish","format-standard","hentry","category-business-environment-and-international-business","no-featured-image-padding"],"yoast_head":"\n\n
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