Economy
2016
Agriculture Schemes
Government Schemes
In the context of which of the following do you sometimes find the terms `amber box, blue box and green box’ in the news?
A.WTO affairs
C.UNFCCC affairs
B.SAARC affairs
D.India-EU negotiations on FTA
Correct Answer: Option A
The terms 'Amber Box', 'Blue Box', and 'Green Box' are related to WTO (World Trade Organization) affairs.
These boxes categorize different types of subsidies that countries provide to their industries and agriculture.
The boxes are used to regulate support measures that have a bearing on international trade.
Hence, option a is the correct answer.
Sources:
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