(I) Screening and investigation of merger proposal (II) Approval of Central Government (III) Approval of respective High Courts (IV) Negotiation Stage (V) Approval of proposal by Board of Directors, Shareholders and Creditors Codes:

(a) WTO initiates peace process among the member countries to enhance international trade (b) WTO avoids the task of “Settlement of Disputes” among the member countries (c) WTO administers the “Trade Review Mechanism” (d) WTO co-operates in an appropriate manner with the IMF and the World Bank Codes:

List-I (IMF Schemes) List-II (a) Extended Fund Facility (EFF) (i) Repayment period 4 to 10 years (b) Stan arrangements (ii) Repayment period 3 to 5 years (c) Supplemented Reserve Fund (SRF) (iii) Repayment period 2 to 5 years (d) Poverty Reduction and Growth Facility (PRGF) (iv) Repayment period 10 years  

Reason (R): FEMA differs from the earlier exchange regulation Act FERA with regard to penalties and punishment in case of violation of the Act. Codes:  

(a) Calicut Airport, Kerala                          (b) Rajkot Airport, Gujarat (c) Arakonam ICD, Tamil Nadu                (d) Ludhiana Airport, Punjab    

List-I List-II (a) Exchange control (i) Adverse BOP (b) Price control (ii) Domestic items (c) Import control (iii) Mass consumption product (d) Legislative control (iv) Industrial location

(a) Following earthquake in 2015, IDA has helped Nepal rebuild and recover (b) IDA ranks as the highest performing multilateral development bank in 2016 (c) IDA is a subsidiary bank of IBRD (d) India has procured highest amount of international loan from IDA Codes: 

List-I List-II (a) Exchange control (i) Exporters surrender foreign exchange to the central bank. (b) Trade Policy Measure (ii) Bank rate raised by the central bank (c) Expenditure reducing policy (iii) Reduction in foreign exchange rate (d) Expenditure switching policy (iv)Enhancing exports by granting subsidies