Basic General Knowledge
Modvat is

modified value added
a term used in excise which is a new scheme of indirect taxes
scheme which allows a manufacturer to claim instant reimbursement of the excise duty paid on the raw
All of these

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Basic General Knowledge
What is the purpose of 'United Nations Conference on Trade and Development' (UNCTAD)?

None of these
Set rules for World Trade
Promotes International Monetary co-operation & expansion of International Trade
Promotes International Trade with a view to accelerate economic growth of developing countries

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