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Last updated: 21 Aug, 2024  
SME Glossary
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Glossary of Export Import Trade Terms Starting with - G
Words   Description
G-7 A formal organization of seven highly industrialized democracies: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
G-8 The G-7 countries plus Russia.
General Agreement on Tariffs and Trade (GATT) A post-World War II agreement designed to promote freer international trade among the nations of the world. The GATT was replaced by the World Trade Organization (WTO) in 1994.
Generally Accepted Accounting Principles (GAAP) A common set of accounting concepts, standards, and procedures by which financial statements are prepared.
 
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  Customs Exchange Rates
Currency Import Export
US Dollar
₹91.2
₹89.5
UK Pound
₹123.35
₹119.35
Euro
₹107
₹103.35
Japanese Yen ₹57.9 ₹56.1
As on 22 Jan, 2026
  Daily Poll
Will the India-EU "Mother of All Deals" help your MSME?
 Yes - Alternative To US
 No - EU Compliance is hard
 Maybe - if the fine print is small biz ready
 Not Sure - Need to See Final Text
  Commented Stories
 
 
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