The balance of payments (BOP) is the method countries use to monitor all international monetary transaction at a specific period of time. Current account, change in the foreign exchange reserves and errors and omissions are the factors that are taken into account to calculate the balance of payment (BOP) of a country.

Correct Option: D

The balance of payments (BOP) is the method countries use to monitor all international monetary transaction at a specific period of time. Current account, change in the foreign exchange reserves and errors and omissions are the factors that are taken into account to calculate the balance of payment (BOP) of a country.

World Economic Outlook is basically a survey conducted and published by the International Monetary Fund. It is published twice and party updated 3 times a year.

Correct Option: A

World Economic Outlook is basically a survey conducted and published by the International Monetary Fund. It is published twice and party updated 3 times a year.

The Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS) is an international agreement administered by the World Trade Organisation (WTO). It sets down minimum standards for many forms of intellectual property (IP). It was negotiated at the end of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) in 1994.

Correct Option: C

The Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS) is an international agreement administered by the World Trade Organisation (WTO). It sets down minimum standards for many forms of intellectual property (IP). It was negotiated at the end of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) in 1994.

The Global Competitiveness Report (GCR) is a yearly report published by the World Economic Forum. Since 2004, the Global Competitiveness Report has ranked countries based on the Global Competitiveness Index.

Correct Option: D

The Global Competitiveness Report (GCR) is a yearly report published by the World Economic Forum. Since 2004, the Global Competitiveness Report has ranked countries based on the Global Competitiveness Index.

Sri Lanka is the first country to sign CEPA with India. India and Sri Lanka signed the bilateral Comprehensive Economic Partnership Agreement (CEPA) on August 1, 2008 on the sidelines of the SAARC Summit. This would mark the end of the over three years of discussions to boost trade and investment between the two countries with focus on developing Sri Lanka's economy.

Correct Option: A

Sri Lanka is the first country to sign CEPA with India. India and Sri Lanka signed the bilateral Comprehensive Economic Partnership Agreement (CEPA) on August 1, 2008 on the sidelines of the SAARC Summit. This would mark the end of the over three years of discussions to boost trade and investment between the two countries with focus on developing Sri Lanka's economy.