MCQOPTIONS
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| 1. |
Statement: The TV industry has requested the government to lower customs duty on colour picture tubes to 10% so that colour TV sales can touch 10 m units in the next fiscal. Assumptions: I. Unreasonable protection to the Indian colour picture tubes industry has slowed down growth in the CTV industry.II. Overprotection encourages predatory pricing policy of domestic manufacturers. |
| A. | if only assumption I is implicit. |
| B. | if only assumption II is implicit. |
| C. | if either I or II is implicit. |
| D. | if neither I nor II is implicit. |
| E. | if both I and II are implicit. |
| Answer» E. if both I and II are implicit. | |