UPSC Exam > UPSC Questions > Which of the following correctly describes th...
Start Learning for Free
Which of the following correctly describes the Bilateral Investment Treaty (BIT)?
1. It is an agreement that has been established for the promotion of rule-based Foreign Direct Investment.
2. The treaty is the successor of the 19th-century friendship, commerce and navigation treaty.
3. The first of its kind was signed between Pakistan and Germany.
4. It treats foreign countries equally as domestic investors.
1. It is an agreement that has been established for the promotion of rule-based Foreign Direct Investment.
2. The treaty is the successor of the 19th-century friendship, commerce and navigation treaty.
3. The first of its kind was signed between Pakistan and Germany.
4. It treats foreign countries equally as domestic investors.
Select the correct answer using the code given below:
- a)1, 2 and 3 only
- b)1 and 4 only
- c)3 and 4 only
- d)1, 2, 3 and 4
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which of the following correctly describes the Bilateral Investment Tr...
A bilateral investment treaty (BIT) establishes the terms and conditions for private investment by nationals and companies of one state in another state This type of investment is called foreign direct investment (FD!). B!Ts are established through trade pacts. A nineteenth-century forerunner of the BIT is the friendship, commerce, and navigation treaty (FCN). So, statements 1 and 2 are correct.
Most BITs grant investments made by an investor of one Contracting State in the territory of the other a number of guarantees, which typically include fair and equitable treatment, protection from expropriation, free transfer of means and full protection and security. The distinctive feature of many BITs is that they allow for an alternative dispute resolution mechanism, whereby an investor whose rights under the BIT have been violated could have recourse to international arbitration, often under the auspices of the ICSID (International Center for the Settlement of Investment Disputes), rather than suing the host State in its own courts. This process is called investor-state dispute settlement.
The first BIT was signed between Pakistan and Germany. BIT ensures that foreign investors are treated equally that of domestic investors. It is because the governments restrict foreign investments to promote domestic entrepreneurs. While most of the treaties in the world focus on the 'Most Favoured Nation' treatment, BIT treats foreign countries equally. So, statements 3 and 4 are correct.
Most BITs grant investments made by an investor of one Contracting State in the territory of the other a number of guarantees, which typically include fair and equitable treatment, protection from expropriation, free transfer of means and full protection and security. The distinctive feature of many BITs is that they allow for an alternative dispute resolution mechanism, whereby an investor whose rights under the BIT have been violated could have recourse to international arbitration, often under the auspices of the ICSID (International Center for the Settlement of Investment Disputes), rather than suing the host State in its own courts. This process is called investor-state dispute settlement.
The first BIT was signed between Pakistan and Germany. BIT ensures that foreign investors are treated equally that of domestic investors. It is because the governments restrict foreign investments to promote domestic entrepreneurs. While most of the treaties in the world focus on the 'Most Favoured Nation' treatment, BIT treats foreign countries equally. So, statements 3 and 4 are correct.
Therefore, the correct answer is (d).
|
Explore Courses for UPSC exam
|
|
Similar UPSC Doubts
Top Courses for UPSCView all
Which of the following correctly describes the Bilateral Investment Treaty (BIT)?1. It is an agreement that has been established for the promotion of rule-based Foreign Direct Investment.2. The treaty is the successor of the 19th-century friendship, commerce and navigation treaty.3. The first of its kind was signed between Pakistan and Germany.4. It treats foreign countries equally as domestic investors.Select the correct answer using the code given below:a)1, 2 and 3 onlyb)1 and 4 onlyc)3 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer?
Question Description
Which of the following correctly describes the Bilateral Investment Treaty (BIT)?1. It is an agreement that has been established for the promotion of rule-based Foreign Direct Investment.2. The treaty is the successor of the 19th-century friendship, commerce and navigation treaty.3. The first of its kind was signed between Pakistan and Germany.4. It treats foreign countries equally as domestic investors.Select the correct answer using the code given below:a)1, 2 and 3 onlyb)1 and 4 onlyc)3 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following correctly describes the Bilateral Investment Treaty (BIT)?1. It is an agreement that has been established for the promotion of rule-based Foreign Direct Investment.2. The treaty is the successor of the 19th-century friendship, commerce and navigation treaty.3. The first of its kind was signed between Pakistan and Germany.4. It treats foreign countries equally as domestic investors.Select the correct answer using the code given below:a)1, 2 and 3 onlyb)1 and 4 onlyc)3 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following correctly describes the Bilateral Investment Treaty (BIT)?1. It is an agreement that has been established for the promotion of rule-based Foreign Direct Investment.2. The treaty is the successor of the 19th-century friendship, commerce and navigation treaty.3. The first of its kind was signed between Pakistan and Germany.4. It treats foreign countries equally as domestic investors.Select the correct answer using the code given below:a)1, 2 and 3 onlyb)1 and 4 onlyc)3 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer?.
Which of the following correctly describes the Bilateral Investment Treaty (BIT)?1. It is an agreement that has been established for the promotion of rule-based Foreign Direct Investment.2. The treaty is the successor of the 19th-century friendship, commerce and navigation treaty.3. The first of its kind was signed between Pakistan and Germany.4. It treats foreign countries equally as domestic investors.Select the correct answer using the code given below:a)1, 2 and 3 onlyb)1 and 4 onlyc)3 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following correctly describes the Bilateral Investment Treaty (BIT)?1. It is an agreement that has been established for the promotion of rule-based Foreign Direct Investment.2. The treaty is the successor of the 19th-century friendship, commerce and navigation treaty.3. The first of its kind was signed between Pakistan and Germany.4. It treats foreign countries equally as domestic investors.Select the correct answer using the code given below:a)1, 2 and 3 onlyb)1 and 4 onlyc)3 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following correctly describes the Bilateral Investment Treaty (BIT)?1. It is an agreement that has been established for the promotion of rule-based Foreign Direct Investment.2. The treaty is the successor of the 19th-century friendship, commerce and navigation treaty.3. The first of its kind was signed between Pakistan and Germany.4. It treats foreign countries equally as domestic investors.Select the correct answer using the code given below:a)1, 2 and 3 onlyb)1 and 4 onlyc)3 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer?.
Solutions for Which of the following correctly describes the Bilateral Investment Treaty (BIT)?1. It is an agreement that has been established for the promotion of rule-based Foreign Direct Investment.2. The treaty is the successor of the 19th-century friendship, commerce and navigation treaty.3. The first of its kind was signed between Pakistan and Germany.4. It treats foreign countries equally as domestic investors.Select the correct answer using the code given below:a)1, 2 and 3 onlyb)1 and 4 onlyc)3 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Which of the following correctly describes the Bilateral Investment Treaty (BIT)?1. It is an agreement that has been established for the promotion of rule-based Foreign Direct Investment.2. The treaty is the successor of the 19th-century friendship, commerce and navigation treaty.3. The first of its kind was signed between Pakistan and Germany.4. It treats foreign countries equally as domestic investors.Select the correct answer using the code given below:a)1, 2 and 3 onlyb)1 and 4 onlyc)3 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Which of the following correctly describes the Bilateral Investment Treaty (BIT)?1. It is an agreement that has been established for the promotion of rule-based Foreign Direct Investment.2. The treaty is the successor of the 19th-century friendship, commerce and navigation treaty.3. The first of its kind was signed between Pakistan and Germany.4. It treats foreign countries equally as domestic investors.Select the correct answer using the code given below:a)1, 2 and 3 onlyb)1 and 4 onlyc)3 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Which of the following correctly describes the Bilateral Investment Treaty (BIT)?1. It is an agreement that has been established for the promotion of rule-based Foreign Direct Investment.2. The treaty is the successor of the 19th-century friendship, commerce and navigation treaty.3. The first of its kind was signed between Pakistan and Germany.4. It treats foreign countries equally as domestic investors.Select the correct answer using the code given below:a)1, 2 and 3 onlyb)1 and 4 onlyc)3 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Which of the following correctly describes the Bilateral Investment Treaty (BIT)?1. It is an agreement that has been established for the promotion of rule-based Foreign Direct Investment.2. The treaty is the successor of the 19th-century friendship, commerce and navigation treaty.3. The first of its kind was signed between Pakistan and Germany.4. It treats foreign countries equally as domestic investors.Select the correct answer using the code given below:a)1, 2 and 3 onlyb)1 and 4 onlyc)3 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Which of the following correctly describes the Bilateral Investment Treaty (BIT)?1. It is an agreement that has been established for the promotion of rule-based Foreign Direct Investment.2. The treaty is the successor of the 19th-century friendship, commerce and navigation treaty.3. The first of its kind was signed between Pakistan and Germany.4. It treats foreign countries equally as domestic investors.Select the correct answer using the code given below:a)1, 2 and 3 onlyb)1 and 4 onlyc)3 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup