Read the following statements carefully:
Statement 1: China has used the Market system mechanism without losing political commitment to create additional social and economic opportunities.
Statement 2: India, Pakistan, and China have similar physical endowments but totally different Political systems.
Statement 1 is true: China has adopted a marketoriented approach since its economic reforms, while still maintaining strict political control. This approach has created additional social and economic opportunities for its citizens.
Statement 2 is true: While India, Pakistan, and China have similar geographical endowments, their political systems differ significantly. India is a democracy, Pakistan has had military interventions, and China is a oneparty communist state.
Conclusion: Both statements are true, reflecting the economic and political differences between these countries.
From the following data, estimate the value of Net Indirect Taxes (NIT):
From the following, identify the correct reasons that may affect the supply of foreign exchange in an economy:
I. Purchase of land in England by an Indian
II. Foreign tourists visiting Taj Mahal
III. Donation of 500 million dollars from Microsoft
IV. Indian students going to Australia for studies
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
In the following figure, four overlapping shapes (rectangle, triangle, circle, and hexagon) are given. The sum of the numbers which belong to only two overlapping shapes is ________