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A statement is given below in the question followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Statement: Hindustan Unilever and Nestlé plan to selectively increase prices of their products to take into account higher crude oil and petrol costs, the rupee’s depreciation against the dollar and more expensive commodities such as wheat. If crude remains where it is and if the rupee has depreciated, of course, there are headwinds as far as costs are concerned. I. Nestlé India’s logistics providers are looking to renegotiate rates after record-high petrol and diesel prices. Nestlé declined to comment on when and by how much prices would increase.  II. Nestlé commented that HUL had dropped prices in November after the Goods & Services Tax was introduced last year and an increase in prices now would likely not hurt consumers.  III. Petrol prices have crossed Rs 90 a litre in Mumbai on increasing global prices of crude oil, of which India is a net importer, further impacted by the falling rupee. Crude derivatives, which are key inputs for FMCG companies, and petroleum derivatives used in packaging material including bottles and tubes, have also become more expensive.
The following sentences form a paragraph.They are numbered as P, Q, R and S. These four parts are not given in their proper order. Read the sentences and choose the alternative that arranges them in correct order. P. It is the ratio of the value of goods and services an economy produces in a particular year at current prices to that of prices that prevailed during the base year. Q. The GDP deflator, also called implicit price deflator, is a measure of inflation. R. Since the deflator covers the entire range of goods and services produced in the economy — as against the limited commodity baskets for the wholesale or consumer price indices — it is seen as a more comprehensive measure of inflation. S. This ratio helps show the extent to which the increase in gross domestic product has happened on account of higher prices rather than increase in output.
With reference to India economy, consider the following statements: 1. The rate of growth of Real Gross Domestic Product has steadily increased in the last decade. 2. The Gross Domestic Product at market prices (in rupees) has steadily increased in the last decade. Which of the statements given above is/are correct?
What is the trend of contribution of service sector in State Gross Domestic Product (SGDP) of Chhattisgarh State at constant prices during the period 2011-12 to 2016-17?
If the proposition ‘domestic animals are hardly ferocious’ is taken to be false, which of the following proposition/propositions can be claimed to be certainly true? Select the correct code: (a) All domestic animals are ferocious. (b) Most of the domestic animals are ferocious. (c) No domestic animal is ferocious. (d) Some domestic animals are non-ferocious.
If the proposition ‘domestic animals are hardly ferocious’ is taken to be false, which of the following proposition/propositions can be claimed to be certainly true ? Select the correct code : Propositions : (a) All domestic animals are ferocious. (b) Most of the domestic animals are ferocious. (c) No domestic animal is ferocious. (d) Some domestic animals are non-ferocious.
What was the contribution of forest in C. G. States Gross Domestic Product in the year 2014-15 at 2011-12 constant prices?
The Department of Animal Husbandry and Dairying, in partnership with Startup India, launched which edition of ‘Animal Husbandry Startup Grand Challenge’ in December 2021?
What is the fund allocated for the Animal Husbandry Infrastructure Development Fund by the Minister of Fisheries,Animal Husbandry and Dairying Shri Giriraj Singh?
Which of the following statements is/are incorrect? 1. Gross National Product (GNP) is calculated by adding Net factor income from abroad to Gross Domestic Product (GDP). 2. Gross Value Added (GVA) is the sum of a country’s GDP and net of subsidies and taxes in the economy.