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1. |
According to ASSOCHAM president, Dr. Niranjan Hiranandani, core sectors like coal and mining of minerals and aviation has been given an overhauling for effectiveness. By liberalizing entry norms for private players in the mining of coal and minerals, the country has opened a level playing field which will, in turn, increase the productivity of these sectors. This will attract major investments in these sectors and make India as a business-friendly destination. He explained that the Indian aviation sector would also save crores of rupees in maintenance due to the government’s efforts to make it into a Maintenance, Repair, and Overhaul (MRO) hub. These airlines had to fly to other countries earlier to repair its faulty aircraft. [S.1, Q.1] Which of the following is consistent with Dr. Hiranandani’s observations about liberalization in the field of coal and mining of minerals stated above? |
A. | If foreign companies are given extra cushion in the mining and coal sectors the private Indian companies will also feel boosted. |
B. | Liberalization will mean beneficial for the workers and the efficiency of these workers will increase accordingly. |
C. | Liberalization norms can be proved fatal as after that government intervention will be minimal. |
D. | If private institutions are given a fair and equal chance of succeeding it will be beneficial for India. |
Answer» E. | |