Business Environment-Policy Environment (NTA-NET (Based on NTA-UGC) Commerce (Paper-II)): Questions 1 - 3 of 9

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Question number: 1

» Business Environment » Policy Environment » Liberalization

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Appeared in Year: 2017

Match List-Ⅰ List-Ⅱ▾

Question

Match the items of List – I with List – II and indicate the correct code:

List-Ⅰ (Policy) List-Ⅱ (Policy Consists)

(A)

Fiscal Policy

(i)

Inflation

(B)

Macro-Economic Policy

(ii)

Balance of Payment

(C)

Monetary Policy

(iii)

Fiscal Federalism

(D)

Technology Policy

(iv)

Mitigation of National hazards

Choices

Choice (4) Response
  • (A)
  • (B)
  • (C)
  • (D)

a.

  • (ii)
  • (i)
  • (iii)
  • (iv)

b.

  • (iii)
  • (ii)
  • (i)
  • (iv)

c.

  • (i)
  • (iii)
  • (ii)
  • (iv)

d.

  • (ii)
  • (iii)
  • (i)
  • (iv)

Question number: 2

» Business Environment » Policy Environment » Liberalization

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Appeared in Year: 2018

Assertion-Reason▾

Question

Assertion (Ꭺ)

Industrial liberalisation became an imperative condition for the growth of forces of competition leading to high efficiency and productivity in Indian industries.

(September Paper II)

Reason (Ꭱ)

Industrial development and curbing of poverty is only possible through government intervention.

(September Paper II)

Choices

Choice (4) Response

a.

Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ

b.

Ꭺ is false but Ꭱ is true

c.

Ꭺ is true but Ꭱ is false

d.

Both Ꭺ and Ꭱ are false

Question number: 3

» Business Environment » Policy Environment » Liberalization

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Appeared in Year: 2016

Assertion-Reason▾

Question

Assertion (Ꭺ)

Liberalization means corporatization of departmental undertakings and public undertakings.

(July Paper-2)

Reason (Ꭱ)

Freedom to public sector undertakings to access capital market.

Choices

Choice (4) Response

a.

Ꭺ is false but Ꭱ is true

b.

Both Ꭺ and Ꭱ are false

c.

Both Ꭺ and Ꭱ are true and Ꭱ is the correct explanation of Ꭺ

d.

Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ

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