Logical Reasoning :: Evaluating an Interface
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Read the passage and answer the following questions:In the initial years, trade policy in our country was primarily aimed at regulating imports having regard to the nascent stage of country's development and the need to encourage domestic production through import substitution measures. However, with the onset of liberalisation the importance of globalisation through trade and making exports the engine of growth of economy has been recognised. Export promotion is now a continuous and sustained effort and specific steps in this direction have been and achievements have been made in recent years.Achievements made in the economic growth are attributable to maximum possible export and minimum or almost negligible import.
- At present, there are no regulatory clutches on exports as exports is recognised as the main force behind economic growth.
- It is not appropriate to give the credit of economic growth to export.
- Before the implementation of the idea of liberalisation, our trade policy was not much in favour of free import-export.
- Import used to affect domestic production in earlier years.
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Read the passage and answer the following questions:The Indian economy, despite weak monsoons, is expected to be among the faster growing economies of the world. The Indian equity markets are currently attractively poised with the sensex at low P/E of about 12, making valuations very attractive. Interest rates are at a historic low and may probably go further down, with plenty of surplus liquidity in the system, improvement in business fundamentals and a growing interest in the disinvestment programme. However, despite these positive factors, the Indian equity markets have declined on account of concerns on the US economy and markets and also due to the persisting supply demand mismatch in the market despite good liquidity in the system.The low interest rates have resulted in availability of more funds to be deployed in the equity market.
- Indian equity market has never been so attractive to foreign investors in the past.
- Low interest rate regime has considerably weakened the strengths of business establishments in India.
- The Indian economy is largely dependent on the status of US economy.
- There have been few takers in the equity markets in the recent past.
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