BUSINESS ADMINISTRATION
RETAIL MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Governtment
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Consumers
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Non-Government Organisations
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Advertisers
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Detailed explanation-1: -a form of retailing in which goods and services are sold door-to-door, office-to-office or at home parties rather than from stores in particular locations; Avon and Mary Kay Cosmetics are companies that use this approach.
Detailed explanation-2: -Scope. RBI Retail Direct is a comprehensive scheme which provides the following facilities to retail investors in Government Securities market through an online portal: Open and maintain a Retail Direct Gilt Account (RDG Account) Access to primary issuance of Government Securities. Access to NDS-OM.
Detailed explanation-3: -FDI up to 51% is permitted, with prior Government approval in single brand retail and 100% is permitted under the automatic route in wholesale/cash and carry trading, including business-to-business sales, and export trading.
Detailed explanation-4: -FDI in single-brand retail implies that a retail store with foreign investment can only sell one brand. For example, if Adidas were to obtain permission to retail its flagship brand in India, those retail outlets could only sell products under the Adidas brand.