Q3.

Sequentially arrange the following themes related to globalization of Indian businesses since independence:

(A) FDI in various sectors opened along with slashing of custom duties.

(B) Partial opening of economy to external trade and de-licensing of some key sectors.

(C) Govt.-led investments in large public sector units in steel. chemicals and power.

(D) Indian businesses became competitive and started to reap rewards of various phases of development learning.

(E) Increased government involvement in industry with sustained focus on import substitution.

Choose the correct answer from the options given below:

Q4.

Which one of the following is a myth about rural markets?

Q5.

The pricing practice to extract all of the consumer surplus from consumers to maximize the total revenue and profits from the sale of a particular quantity of product is called: