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NextQ8

Read the following statements – Assertion (A) and Reason (R). Choose the correct alternative given below : Assertion (A) : World Trade Organization (WTO) is expected to establish the rule-based trading regime, to avoid unilaterally placed arbitrary restrictions by member nations. Reason (R) : It is imperative to enlarge world production and ensure optimum utilization of world resources along with environmental protection. Alternatives :

Reasons for Economic ReformsStudy Simplify SpecialPYQ1MCQ
Question 7

Read the following statements – Assertion (A) and Reason (R). Choose the correct alternative given below : Assertion (A) : The excessive regulation of permit license raj prevented certain private firms from becoming fairly competitive. Reason (R) : Private sector wasted huge amounts in obtaining licenses rather than on improving the product quality and international competitiveness. Alternatives :

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