What is Gross Domestic Product?


It refers to the sum total of the financial value of all the produced goods and services during a year in a country.

79 Views

What is Price Control?


It means that companies will sell goods at the prices determined by the government.

88 Views

In recent times the government has increased the prices of diesel and LPG. Which value is being overlooked here?


(i) Fall in standard of living

(ii) Increase in domestic expenditure

(iii) Increase in the cost of agricultural products.

401 Views

After the change in Government Policies, foreign companies like coca-cola has prohibited to work in India. These steps of the government have boosted which values?


 (i) Encouragement to country made products

(ii) Development of market for domestic products

(iii) Development of national values.

330 Views

Advertisement

What is Market Orientation Concept?


Under this concept, first of all market is surveyed and then production is undertaken.

141 Views

Advertisement
Advertisement