economicsChoose if the given statement is True/False:Since 1991, the structure and composition of Indian markets have changed a lot.

Choose if the given statement is True/False:


Since 1991, the structure and composition of Indian markets have changed a lot.


  1. A
    True
  2. B
    False 

    Fill Out the Form for Expert Academic Guidance!l



    +91



    Live ClassesBooksTest SeriesSelf Learning



    Verify OTP Code (required)

    I agree to the terms and conditions and privacy policy.

    Solution:

    The above statement is True.
    Since 1991, the structure and composition of Indian markets have changed a lot. There are not only domestic producers selling in the market to Indian customers now, but many foreign sellers from different countries are participating in this trade. Domestic consumers got better choices and quality of goods due to increased competition. In contrast, domestic producers had to suffer a lot because of this intense competition from foreign producers and could not sustain themselves in the market.
     
    Chat on WhatsApp Call Infinity Learn

      Talk to our academic expert!



      +91


      Live ClassesBooksTest SeriesSelf Learning




      Verify OTP Code (required)

      I agree to the terms and conditions and privacy policy.