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Business Environment - Business Environment Section 1

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46. The MRTP Act of 1969 was abolished in

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47. India abolished quantitative restrictions on imports of 1429 items in 2000 and 2001 as per the commitment to which of the following

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48. Micro factors of external business environment does not include

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49. Assertion (A). The new Industrial policy was announced on July 24, 1991.
Reason (R). The new industrial policy was announced by the V.P. Singh Government.

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50. Assertion (A). The industrialization of an economy is considered synonymous with growth.
Reason (R). The transfer of resources from agriculture to the industry may be capital or labor or both.

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Business Environment Section 1