Question Set

1. Statement: Should import duty on all the electronic goods be dispensed with? Arguments: No. This will considerably reduce the income of the government and will adversely affect the developmental activities. No. The local manufacturers will not be able to compete with the foreign manufacturers who are technologically far superior.






Ask Your Doubts Here

Type in
(Press Ctrl+g to toggle between English and the chosen language)

Comments

  • By: guest on 02 Jun 2017 01.29 am
    Abolishing the import duty on electronic goods shall reduce the costs of imported goods and adversely affect the sale of the domestic products, thus giving a setback to the Indian electronics industry. So, argument II holds strong. Argument I does not provide a convincing reason.
Show Similar Question And Answers
QA->The average monthly income of A and B is Rs. The average monthly income of B and C is Rs. 6250 and the average monthly income of A and C is Rs. What is the monthly income of A?....
QA->A statement followed by two assumptions I and II is given. You have to consider the statement to be true even if it seems to be at variance from commonly known facts. You are to decide which of the given assumptions can definitely be drawn from the given statement. Indicate which one of the four given alternatives is correct ? Statement : If more encouragement is given to Sports, Indians will win more gold medals at the Olympic Games. Assumptions : I. Indians do not win gold medals. II. More enc....
QA->The ratio of the monthly income of A and B is 7:5 and that of B and C is 19: The average monthly income of B and C is Rs. 17, find the montly Income of A?....
QA->Which authority sanctions foreign exchange for the import of goods?....
QA->India has raised customs duty to 200 per cent on all goods imported from which nation?....
MCQ->Statement: Should import duty on all the electronic goods be dispensed with? Arguments: No. This will considerably reduce the income of the government and will adversely affect the developmental activities. No. The local manufacturers will not be able to compete with the foreign manufacturers who are technologically far superior.

....
MCQ->The acidification of oceans is increasing. Why is this phenomenon a cause of concern? 1. The growth and survival of calcareous phytoplankton will be adversely affected. 2. The growth and survival of coral reefs will be adversely affected. 3. The survival of some animals that have phytoplanktonic larvae will be adversely affected.4. The cloudseeding and formation of clouds will be adversely affected. Which of the statements given above is/are correct?....
MCQ->Statement: Should the income generated out of agricultural activities be taxed? Arguments: No. Farmers are otherwise suffering from natural calamities and low yield coupled with low procurement price and their income should not be taxed. Yes. Majority of the population is dependent on agriculture and hence their income should be taxed to augment the resources. Yes. Many big farmers earn much more than the majority of the service earners and they should be taxed to remove the disparity.

....
MCQ->Statement: Should all the indirect taxes in India be combined into a single tax on all commodities? Arguments: Yes. This will considerably simplify the tax collection mechanism and the cost of collecting tax will also reduce. Yes. The manufacturers and traders will be benefited by this which in turn will boost tax collection. No. No other country has adopted such system.

....
MCQ->Statement: Duty free technology parks where foreign firms can manufacture electronic hardware components are proposed to be established at various places in the country. Courses of Action: Government should immediately implement the proposal to augment the foreign currency reserve by exporting the products. Government should not implement the proposal as it will hinder indigenous production of hardware components.

....
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use | Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions
Question ANSWER With Solution