Question : A consequence of economic liberalization in India was:  
 

Option 1: Strengthening of labor unions  
 

Option 2: Increased competition in domestic markets  
 

Option 3: Expansion of the public sector  

Option 4: Decrease in foreign direct investment  

Question : Which policy aimed to protect domestic industries from foreign competition in India?

Option 1: Import substitution

Option 2: Export promotion

Option 3: Public-private partnership

Option 4: Swadeshi movement

Question : Swachh Toycathon Competition 2022 was launched in India by Ministry of______________.

Option 1: Finance

Option 2: Commerce and Industry

Option 3: Housing and Urban Affairs

Option 4: Culture

Question : What is a key aspect of the India-China relationship in the context of global trade?

Option 1: Joint military ventures

Option 2: Shared cultural programs

Option 3: Competition for natural resources

Option 4: Cooperation in space exploration

Question : Comprehension:

Read the given passage and answer the questions that follow.

Such examples of commercial success, innovation, drive, vision, determination, adaptability, and adventure are anchored in the basic Indian openness to, and talent for, acquiring material wealth. For every success story, there are, of course, dozens of failures. Traditional Indian firms have their strengths, but also their weaknesses, and of these perhaps the most debilitating are a lack of teamwork and a weakness for a quick profit. These reflect ingrained ways of thinking and planning, as does the distrust of anyone outside the family, which inhibits the adoption of modern practices of management. But such weaknesses are more than compensated for by the desire to succeed, which is probably more intense in India, given the omnipresent fear of poverty, the cut-throat competition for each opportunity, and the asphyxiating hold of hierarchy.

Question:
Why is the desire to succeed more intense in India?

Option 1: Due to the hold of hierarchy, fear of poverty, and a lack of teamwork.

Option 2: Due to fear of poverty, a lack of teamwork and distrust of the outsider.

Option 3: Due to cut-throat competition, distrust of the outsider and fear of poverty.

Option 4: Due to fear of poverty, cut-throat competition, and the hold of hierarchy.