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Which of the following is true under perfect competition:
Answer: Option [D]The correct answer is No firm can influence price and supply in the market.
Answer: Option [D]The correct answer is No firm can influence price and supply in the market.
Answer: Option [A]India earns maximum foreign exchange from the export of Tea.The Indian tea industry is exporting to the highest exchanges. India is the second biggest tea maker. In 2019 India exported 248,29 million kilograms of tea, down 3% compared to 2018. In January, 17.95 million kg of tea were exported by the country down from 23.25 million kg last year the same month.
Answer: Option [D]The correct answer is Jamshedpur, Bhilai, Bokaro, Vishakhapatnam.
Answer: Option [B]The correct answer is No permission for subcontracting.
Answer: Option [D]The correct answer is Which have high growth potential and meet further requirements of the economy.
Answer: Option [A]One of the main factors that led to rapid expansion of Indian exports is Diversification of exports. India has rapidly diversified its exports markets from the traditional export partners towards emerging and developing economies. This has played a crucial role in cushioning India’s exports growth during the recent years, which has remained fairly steady despite global economic slowdown. The rapid diversification of India’s export destinations is encouraging. The widely spreading export markets can be noted from the narrowing dependence on selected economies for exports.
Answer: Option [A]The aim of current Industrial policy of India accelerating the performance of mixed economy. Industrial Policy is the set of standards and measures set by the Government to evaluate the progress of the manufacturing sector that ultimately enhances economic growth and development of the country.
Answer: Option [D]The problem of unfavourable balance of payment arise When imports are greater than exports. When exports are greater than imports, that's a trade surplus.when the value of imports outweighs the value of exports, that is a trade deficit. Countries usually regard that as an unfavourable trade balance.
Answer: Option [D]BoP (Balance of Payment) refers to systematic record of all its economic transactions between residents and with the rest of the world in a certain period. The balance of payments (BOP) is the record of all international financial transactions made by the residents of a country. There are three main categories of the BOP: the current account, the capital account, and the financial account.
Answer: Option [C]Mashelkar Committee was constituted to report on Auto fuel policy. Mashelkar Committee Report on India's National Auto Fuel Policy. The Government had formed a high powered Mashelkar Committee to decide about the National Auto Fuel Policy in the year 2003. Mashelkar was constituted by MOP&NG to recommend an Auto Fuel Policy for the country including major cities; to devise a road map for its implementation; to recommend suitable auto fuels and their specifications considering the availability and logistics of fuel supplies, the processing economics of automotive fuels,