6.         Answer the following (in about 20 words each) :                                    2x15=30

a)      What is Phillips  curve?

b)      What is Hundi?

c)      What is twin deficit?

d)      What is the main difference between free trade area and common market?

e)      What is forward currency market?

f)        What is offshore currency market?

g)      What is Laffer curve?

h)      What are Eurobonds?

i)        What is disguised unemployment?

j)        What are nifty and the nifty junior?

k)      What is Agri- Trade?

l)        What is CEMA bloc?

m)    What is rolling settlement?

n)      What is the difference between Green Box subsidies and Blue Box subsidies?

o)      What are non-factor services in India 's balance of payments?

7.         Write about any two of the following (in about words each):      15x2=30

a)      G-8 Summit in Russia

b)      Expanding role of Amnesty International

c)      Role of European Parliament

8. Write bout the following (in about 20 words)                                     2x5= 10

a)      Trade through Nathu La Pass

b)      Outer Space Treaty

c)      Withdrawal of Japanese Troops from Iraq

d)      Maastricht Treaty

e)      Cuba and Castro

9.         Write about the following, by expanding and explaining the objectives

(in about 20 words)                                                                                          2x5= 10

a)      ICJ

b)      INTELSAT

c)      IBRD

d)      WMO

e)      WHO

 Qns 1-5 | 6-9 | 10-13 | 14 | 15