GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is happening with the import of Chinese toys in India?
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Indian toys are selling more
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Indian consumers are buying less
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Indian consumers are getting more choice at cheaper rates
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Chinese consumers are falling short of choice
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Explanation:
Detailed explanation-1: -"The products manufactured in China are reportedly of lower price mainly because of their opaque subsidy regime and distorted factor prices, ‘’ Minister of State for MSME said in a written reply in the Lok Sabha.
Detailed explanation-2: -What happens to the sales of the Indian toys when Chinese toys invade the domestic market? Ans.As a result of the invasion of Chinese toys domestic market, the sale of Indian toys falls.
There is 1 question to complete.