Govt. of India is seriously thinking to allow oil marketing public sector undertakings to fix their own price for petrol and diesel. Which economic reform is the reason of this change in government's policy?
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With reference to the Public Sector Undertakings in India, consider the following statements:
(a) Minerals and Metals Trading Corporation Limited (MMTC) is one of the two biggest foreign exchange earner for India. It is a leading international trading company with a turnover of...
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Examine the following statements : 1. All trains are run by diesel engine. 2. Some trains are run by diesel engine.
(c) Statement 1 and 3 contradict each-other, hence both statements cannot be true together. But there are a situation where in both statements are false that is if some of...
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Sale of petrol and diesel cars is rising particularly in big cities. Analyse its impact on Gross Domestic product and Welfare.
As the sale of petrol and diesel cars is rising in big cities, it means people are demanding more cars. To meet the increasing demand of the people, the producer...
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Consider the following oils : (i) Mobile oil (ii) Castor oil (iii) Turpentine oil (iv) Kerosene (v) Mustard oil (vi) Coconut oil
Castor oil, Turpentine oil, and coconut oil can be used for the preparation of soap.
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The elements of marketing mix are popularly known as four points of marketing. Explain briefly these elements of marketing mix.
The four important elements of marketing mix are: (i) Product mix, (ii) Price mix, (iii) Place mix and (iv) Promotion mix. (i) Product Mix: Product mix is related to the...
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A taxi-driver, filled his car petrol tank with 40 liters of petrol on Monday. The next day, he filled the tank with 50 liters of petrol.
Petrol filled on Monday = 40 liters Petrol filled on next day = 50 liters Total petrol filled = 90 liters = 44 x (100 – 10) = 44 x 100 – 44 x...
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A truck requires 108 liters of diesel for covering a distance of 594 km. How much diesel will be required by the truck to cover a distance of 1650 km?
For covering 594 km, a truck will be required diesel = 108 liters For covering 1 km, a truck will be required diesel = 108/594 = 2/11 For covering 1650 km, a truck...
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Though the public sector is very essential for industries, many public sector undertakings
Although, the mismanagement and wrong planning in PSUs may lead to misallocation and, consequently, to wastage of the scarce resources and finance but PSUs do have some positive and useful...
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Those public sector undertakings which are making profits should be privatized. Do you agree with this view? Why?
An efficient and profit earning PSU is a revenue generator for the government. But if, a PSU is an inefficient and loss making one, then the same PSU exerts unnecessary...
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Do you think the navaratna policy of the government helps in improving the performance of public sector undertakings in India? How?
To improve efficiency, infuse professionalism and to enable PSUs to compete effectively in the market, government awarded the status of 'navaratnas' to the following nine PSUs: (1) Indian Oil Corporation Ltd...
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