Question : What was the primary aim of the formation of the Janata Dal in 1988?
Option 1: To promote economic liberalization
Option 2: To oppose the policies of the Congress party
Option 3: To support the Bharatiya Janata Party
Option 4: To advocate for a socialist economy
Correct Answer: To oppose the policies of the Congress party
Solution : The primary aim of the formation of the Janata Dal in 1988 was to oppose the policies of the Congress party and provide a political alternative.
Question : How did the rise of new economic interests during the era of planned development impact India's trade policies?
Option 1: It led to increased protectionism.
Option 2: It promoted liberalization of trade.
Option 3: It resulted in a focus on import substitution.
Option 4: It encouraged bilateral trade agreements.
Question : Which committee recommended the liberalization of India's industrial policies in 1991?
Option 1: Narasimham Committee
Option 2: Rangarajan Committee
Option 3: Goswami Committee
Option 4: Abid Hussain Committee
Question : What was one effect of the East India Company's revenue policies on the rural economy?
Option 1: Diversification of crops
Option 2: Stabilization of land prices
Option 3: Decrease in agricultural loans
Option 4: Consolidation of landholdings
Question : Case Study 3:
PQR Enterprises is a retail company that has been affected by changes in government policies related to taxation. The company needs to adapt its operations to comply with the new policies and minimize the impact on its profitability.
Q:- What is the business environment factor affecting PQR Enterprises in this case?
Option 1: Economic environment
Option 2: Technological environment
Option 3: Government policies
Option 4: Social environment
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