Comprehension

Clamoring to enter India's red hot sector, the world's largest chains, including Walmart stores, Carrefour and Tesco, are seeking the best way to enter the Country, despite a government ban on foreign direct  investment in the market. Recent large investment by major India. business, like Reliance industries and Bharat Airtel, have increased the since of urgency for foreign retailers …..Last week Bharat Airtel indicated that it was in talk with Wall-mart, carrefour and Tesco to set up a joint Venture….India's retails sector is attractive
Not only because of its fast growth, but because family-run store corner store have 97% of the nation's business. But this industry trait is precisely why the government make it hard for gardeners to enter the market. Politician frequently argue that global retailers would destroy thousands of small local players and fledgling domestic chains.

Question: 1

The government is trying to sell its share in several public sector companies, a process which is known as_____.

Updated On: Sep 12, 2024
  • Foreign investment
  • De investment
  • Dis investment
  • Retail therapy.
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The Correct Option is D

Solution and Explanation

The correct option is (D): Retail therapy
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Question: 2

Due to globalisation, MNC cs are outsourcing work to develop countries because:

Updated On: Sep 12, 2024
  • Most MNc are headed by people from development countries like India
  • The International Monetary Fund and World Trade Organisation makes it mandatory
  • Labour is skilled
  • Labour is cheaper in developing countries which will gigger profit for the MNcs
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The Correct Option is B

Solution and Explanation

The correct option is (B): The International Monetary Fund and World Trade Organisation makes it mandatory
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Question: 3

India's retail sector is attractive not only because of its fast growth, bot because family run street over. stores have a large share of the market. Indenify the share of the family run over business in retail sector.

Updated On: Sep 12, 2024
  • 59 %
  • 97 %
  • 79 %
  • 90 %
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The Correct Option is D

Solution and Explanation

The correct option is (D): 90 %
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Question: 4

Parle drinks brings bought by Coca Cola in an example of

Updated On: Sep 12, 2024
  • Liberalization
  • De-Monetisation
  • Globalization
  • Acquisition
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The Correct Option is D

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The correct option is (D): Acquisition
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Question: 5

Identify the world's largest MNC in retail market

Updated On: Sep 12, 2024
  • Wal-Mart stores
  • Pepsico
  • Reliance-Industries
  • Amazon
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The Correct Option is A

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The correct option is (A): Wal-Mart stores
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