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Explanation: The Covid-19 pandemic notified by the WHO in January 2020 was the first challenge of the third decade that hit global growth. Two years later, as the global economy was recovering from the pandemic-induced output contraction, the Russia-Ukraine conflict broke out in February 2022, triggering a swing in commodity prices and, thus, accelerating existing inflationary pressures. This posed the second challenge. Soon after, the third challenge emerged when nations undertook monetary tightening to rein in inflation causing growth to weaken. Monetary tightening also drove capital flows to safe-haven US markets, contributed to rising sovereign bond yields, and depreciation of most currencies against the US dollar. The consequent increase in borrowing costs also stressed high levels of public and private debt, threatening the financial system. Faced with the prospects of global stagflation, nations, feeling compelled to protect their respective economic space, slowed cross-border trade, which posed the fourth challenge to growth.
Which one of the following is a correct equation?
Which of the following is an exception to the doctrine of privity of contract rule _______________?
Under the Indian Contract Act, a collateral contract that involves an illegal object but is signed voluntarily by both parties is later disputed.
A contract contains an arbitration clause. A dispute arises but one party sues in civil court. What should the court do?
Which of the following represents composite supply
The preference shares should be redeemed with in a period of
Mr. X, a minor, enters into a contract to buy a bike. Later, he refuses to pay. What is the legal position?
A Red Herring Prospectus does not the include information related to __________
As per the Companies Act, 2013 a Company means_____________
A Public Company is a company which has a minimum paid-up share capital ____________
