UGC NET Commerce 2024 Question Paper & Answers
The official UGC NET Commerce 2024 question paper, with the official answer key. Attempt as a real timed exam (with negative marking) or switch to practice mode for instant per-question answers and explanations.
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Official PYQ
UGC NET Commerce 2024 (June 2024 cycle re-exam, Paper 2)
120 Mins 200 Marks
100Questions
200Max Marks
Sample questions from UGC NET Commerce 2024 (June 2024 cycle re-exam, Paper 2)
1In WTO terminology, subsidies in general are identified by “boxes”. Domestic support measure considered to distort production and trade, which is defined in Article 6 of the Agriculture Agreement falls into which box?
- A) Amber Box
- B) Jumbo Box
- C) Greeenfield Box
- D) Black Box
Answer: A
2WTO in its Ministerial conference adopted a decision allowing members to waive the provisions of Article II (most favored-National Treatment) of the GATS to allow the granting of preferential treatment to services and service supplies to which countries?
- A) Adjacent Countries
- B) Non-Nuclear Countries
- C) Least-Developed Countries
- D) SAARC Countries
Answer: C
3The tool that International Development Association (IDA) uses to address the impact of severe natural disasters, public health emergencies by providing extra finances is known as
- A) Emergency Response Fund (ERF)
- B) Long term Lending system
- C) Crisis Response Window (CRW)
- D) Monetary Fund
Answer: C
4A statistical statement in International business that shows at a point the value of financial assets of residents of an economy that are claims on non-residents or are gold bullion held as reserve assets and the liabilities of residents of an economy to non-residents is known as
- A) Currency Composition Table
- B) Special Purpose Entities (SPEs)
- C) Cross Border Flows
- D) The Internation Investment Position (IIP)
Answer: D
5If selling price per unit is ₹56.00. Variable cost per unit is ₹32.00 and total fixed cost is ₹60,000, what is the number of units that used to be sold in order to achieve a profit of ₹84,000?
- A) 6000 units
- B) 8400 units
- C) 5000 units
- D) 6500 units
Answer: A
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