Comprehension
Read the following Case Study, answer the question
Government of India has taken several measures to make the economy Robust and to improve Business Environment. Production linked incentive (PLI) scheme has been launched as result of which manufacturing is picking up. India has become second largest manufacturer of mobile phones in the world. Indian economy has become fifth largest economy in the world surpassing U.K. India has become a large defense equipment and arms manufacturer and is also an exporter of arms. The ease of doing business has also improved. According to IMF and World Bank India is one bright spot in a world hit by declining economies and business sentiment in era of pandemic. India successfully carried out largest Covid vaccination programme globally and also gave vaccine to other countries.
Government of India has taken several measures to make the economy Robust and to improve Business Environment. Production linked incentive (PLI) scheme has been launched as result of which manufacturing is picking up. India has become second largest manufacturer of mobile phones in the world. Indian economy has become fifth largest economy in the world surpassing U.K. India has become a large defense equipment and arms manufacturer and is also an exporter of arms. The ease of doing business has also improved. According to IMF and World Bank India is one bright spot in a world hit by declining economies and business sentiment in era of pandemic. India successfully carried out largest Covid vaccination programme globally and also gave vaccine to other countries.
Question: 1
India has become second largest manufacturer of which of the following?
India has become second largest manufacturer of which of the following?
Updated On: Mar 12, 2025
- Cars
- Arms
- Mobile phones
- Laptop
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The Correct Option is C
Solution and Explanation
The correct option is (C): Mobile phones
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Question: 2
Select the correct combination of general forces of Business Environment from the following.
Select the correct combination of general forces of Business Environment from the following.
Updated On: Mar 12, 2025
- Investors and Social Environment
- Political and Social Environment
- Investors and Customers
- Customers and Legal Environment
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The Correct Option is B
Solution and Explanation
The correct option is (B): Political and Social Environment
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Question: 3
Select the dimension of Business Environment to which production linked incentive is related to
Select the dimension of Business Environment to which production linked incentive is related to
Updated On: Mar 12, 2025
- Social
- Legal
- Technological
- Economic
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The Correct Option is D
Solution and Explanation
The correct option is (D): Economic
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Question: 4
Recently, India has become an exporter of which of the following?
Recently, India has become an exporter of which of the following?
Updated On: Mar 12, 2025
- Laptops
- PPE kits
- Defence equipments
- Mobile phones
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The Correct Option is C
Solution and Explanation
The correct option is (C): Defence equipments
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Question: 5
In order to achieve high standards in various fields, Government of India is taking tough decisions. Which dimension of business environment help Government to take tough decisions.
In order to achieve high standards in various fields, Government of India is taking tough decisions. Which dimension of business environment help Government to take tough decisions.
Updated On: Mar 12, 2025
- Technological
- Social
- Technological and Legal both
- Political
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The Correct Option is D
Solution and Explanation
The correct option is (D): Political
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