Defend or refute the following statements with valid arguments:
"The policy of protectionism encouraged the growth of domestic industries, but at the same time proved to be an impediment."
"The policy of protectionism encouraged the growth of domestic industries, but at the same time proved to be an impediment."
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Solution and Explanation
Defend: The policy of protectionism safeguarded domestic industries by imposing tariffs and restricting imports, thereby promoting industrial growth in India. However, this policy had certain drawbacks:
Inefficiency in Industries: Due to limited competition, many domestic industries became inefficient and uncompetitive in the global market.
Consumer Disadvantages: Consumers had limited access to highquality and diverse goods at competitive prices.
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Questions Asked in GATE XH-C1 exam
Eight students (P, Q, R, S, T, U, V, and W) are playing musical chairs. The figure indicates their order of position at the start of the game. They play the game by moving forward in a circle in the clockwise direction.
After the 1st round, the 4th student behind P leaves the game.
After the 2nd round, the 5th student behind Q leaves the game.
After the 3rd round, the 3rd student behind V leaves the game.
After the 4th round, the 4th student behind U leaves the game.
Who all are left in the game after the 4th round?
Here are two analogous groups, Group-I and Group-II, that list words in their decreasing order of intensity. Identify the missing word in Group-II.
Abuse \( \rightarrow \) Insult \( \rightarrow \) Ridicule
__________ \( \rightarrow \) Praise \( \rightarrow \) Appreciate
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