Question
In the question below, two statements (I) and (II) are
given. These statements may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statement. Read both the statements and decide which of the following answer choices correctly depicts the relationship between these two statements. I. The Competition Commission of India (CCI) has imposed a fine on a leading e-commerce platform for abusing its dominant position in the market. II. The e-commerce platform offers preferential treatment to certain sellers, creating an unfair market advantage.Solution
Statement II explains the reason for the CCI’s action—preferential treatment by the e-commerce platform indicates abuse of its dominant position, leading to unfair competition. Statement I describes the effect of this behavior: the imposition of a fine by the CCI. Thus, statement II is the cause, and statement I is its effect.
Which of the following is part of the tertiary sector of the economy?
Which of the following is not an investment expenditure in goods and services?
The monetary policy is India is formulated by which of the following authority?
Consider the following statements about government securities and derivatives:
(I) Government Securities are risk-free gilt-edged instruments....
Evaluate the correctness of these statements about the Consumer Price Index (CPI):
(I) CPI measures changes in the price level of a representativ...
Balance of trade is the _______________.
Which of the following comes under the Core Sector?
Insurance Mall portal has been launched by ______ for its customers to ensure an Easy-buy experience.
Normal goods, such as food and clothing, are characterized by a direct relationship between which of the following?
Who heads the National Development Council (NDC)?
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