Question
Which of the following Steps was not taken by the
Indian Government during the Liberalisation process?Solution
Import licensing on almost all intermediate inputs and capital goods was done away with, and the entry restrictions for firms were simplified. The new policy encouraged the entry of private sector firms by ending the public sector monopoly in many sectors and initiating the automatic approval policy for FDI up to 51 per cent. The exchange rate was made flexible and allowed to depreciate as necessary to maintain competitiveness. The rupee was made fully convertible on the current account and partially on the capital account. These reforms had a positive effect on the economy.
In Macroeconomics, ‘macro’ is taken from the word ‘makro’, which means big. To which language does ‘makro’ belong?
Customer churn rate indicates:
Consumers undertake ___________ buying behaviour when they are highly involved in a purchase and perceive significant differences among brands.
_________ believes that the consumers will favour those products that offer the best quality, performance and features and therefore the organisation s...
A pull strategy occurs when:
Repeat deposits and referrals mainly depend on:
A bank analyzes transaction data to predict which customers may close accounts soon. This is an example of:
Market segmentation involves linking ______ to an organization's ________.
Marketing research attempts to identify and define both marketing _____ and _______.
Maximum service differentiation is required when the market is:
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