Asked in a 1998 paperFairly easy

When India granted MFN status to Pakistan?

Correct answer: B. 1996

  • A. 1995
  • B. 1996
  • C. 1997
  • D. 1998

Explanation

India granted Pakistan Most Favoured Nation status in 1996 under the World Trade Organization framework. India later withdrew the treatment in February 2019.

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About Global Economy

Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.

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