Tag: insights on lpg
Questions Related to insights on lpg
At present how many industries are under the purview of compulsory industrial licensing?
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$8$
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$6$
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$7$
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$10$
State whether the following statements are True or False.
Industrial licensing has been abolished from most of the industries.
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True
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False
How many industries are kept for compulsory licensing at present?
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3
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6
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5
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7
At present there are five industries that require compulsory licensing. They are:
(i) Distillation and brewing of alcoholic drinks
(ii) Cigar, cigarettes and other substitutes of prepared tobacco
(iii) Electronic, Aerospace and all types of defence equipment
(iv) Industrial Explosive including match boxes
(v) Hazardous Chemicals
The world Bank is also referred to as _______.
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IBRD
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IDBI
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IDA
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IGCA
The world Bank is also referred to as IBRD.
What is a feature of 'Reaganomics'?
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Increase in federal spending
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Expanding money supply
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Reduction in tax rates
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Cutting back on foreign trade
Reaganomics is a popular term referring to the economic policies of Ronald Reagan, the 40th U.S. president (1981–1989). His policies called for widespread tax cuts, decreased social spending, increased military spending, and the deregulation of domestic markets.
How many industries have been reserved for government sector at present?
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3
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4
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5
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6
At present the number of industries kept reserved for government sector are three. They are:
(i) Atomic energy,
(ii) Railway transport, and
(iii) The substances specified in the schedule to the notification of the Government of India in the Department of Atomic Energy dated 15th March, 1995.
The New Industrial Policy announced on July 24, 1991 contained provisions relating to _________.
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industrial licensing
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foreign investment
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foreign technology policy
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all of the above
On July 24, 1991, Government of India announced its new industrial policy with an aim to correct the distortion and weakness of the Industrial Structure of the country that had developed in 4 decades; raise industrial efficiency to the international level; and accelerate industrial growth. The NIP does away with licensing for all major industries, irrespective of the investment level, proposes liberal foreign investment, dispenses with the Monopolies and Restrictive Trade Practices (MRTP) clearances but curbs unfair trade practices and emphasis technological up-gradation.
The purpose of World Bank is to _______________.
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reduce trade gaps
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give international loans for development purposes
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assist in projects in developing countries
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meet balance of payments position
The World Bank is a vital source of financial and technical assistance to developing countries around the world. The bank predominantly acts as an organization that attempts to fight poverty by offering developmental assistance to middle and low-income countries.
The Headquarters of IMF is in ________________.
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New York
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Washington DC
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London
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Manila
The International Monetary Fund (IMF) is an international organization. It has its headquarters in Washington, D.C., USA. IMF consisting of 189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
"Continuity with change" is the philosophy of _______________.
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Industrial Policy Resolution $1948$
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New Industrial Policy $1991$
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Industrial Policy Resolution $1956$
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None of the above
The Government announced a new industrial policy on July 24, 1991. The basic philosophy of the new policy has been summed up as 'continuity with change'. The main objective was to plunge the Indian economy into the field of 'Globalization and to give it a new drive on market orientation. The new economic policy intended to reduce the rate of inflation and to remove imbalances in payment.