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Read the following five passages and answer the items that follow each passage. Your answers tothese items should be based on the passages only.Passage - 1Indias economic footprint, given its population, still remains small compared to the US, the European Union or China. It has much to learn from other economies, yet must implement solutions that fit its unique circumstances. India especially needs an effective long-term regulatory system based on collaboration rather than the current top-down approach. Regulations seek desirable outcomes yet are repeatedly used as political tools to push one agenda or another. Often, regulations fail to consider impacts on jobs and economic growth — or less restrictive alternatives. Regulations may be used to protect local markets at the expense of more widely shared prosperity in the future. Additionally, regulations inevitably result in numerous unintended consequences. In todays hyper competitive global economy, regulations need to be viewed as "weapons" that seek cost-justified social and environmental benefits while improving the economic wellbeing of most citizens.Q. Which one of the following is the most logical, rational and crucial inference that can be derived from the above passage ?a)A better regulatory system will help India achieve the size of economy appropriate to its population.b)In a competitive global economy, India must use regulations strategically.c)Regulations in India do not favour its integration with todays hyper competitive global economy.d)Job creation and economic growth should be dominant considerations in developing Indias regulatory system.Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Read the following five passages and answer the items that follow each passage. Your answers tothese items should be based on the passages only.Passage - 1Indias economic footprint, given its population, still remains small compared to the US, the European Union or China. It has much to learn from other economies, yet must implement solutions that fit its unique circumstances. India especially needs an effective long-term regulatory system based on collaboration rather than the current top-down approach. Regulations seek desirable outcomes yet are repeatedly used as political tools to push one agenda or another. Often, regulations fail to consider impacts on jobs and economic growth — or less restrictive alternatives. Regulations may be used to protect local markets at the expense of more widely shared prosperity in the future. Additionally, regulations inevitably result in numerous unintended consequences. In todays hyper competitive global economy, regulations need to be viewed as "weapons" that seek cost-justified social and environmental benefits while improving the economic wellbeing of most citizens.Q. Which one of the following is the most logical, rational and crucial inference that can be derived from the above passage ?a)A better regulatory system will help India achieve the size of economy appropriate to its population.b)In a competitive global economy, India must use regulations strategically.c)Regulations in India do not favour its integration with todays hyper competitive global economy.d)Job creation and economic growth should be dominant considerations in developing Indias regulatory system.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the following five passages and answer the items that follow each passage. Your answers tothese items should be based on the passages only.Passage - 1Indias economic footprint, given its population, still remains small compared to the US, the European Union or China. It has much to learn from other economies, yet must implement solutions that fit its unique circumstances. India especially needs an effective long-term regulatory system based on collaboration rather than the current top-down approach. Regulations seek desirable outcomes yet are repeatedly used as political tools to push one agenda or another. Often, regulations fail to consider impacts on jobs and economic growth — or less restrictive alternatives. Regulations may be used to protect local markets at the expense of more widely shared prosperity in the future. Additionally, regulations inevitably result in numerous unintended consequences. In todays hyper competitive global economy, regulations need to be viewed as "weapons" that seek cost-justified social and environmental benefits while improving the economic wellbeing of most citizens.Q. Which one of the following is the most logical, rational and crucial inference that can be derived from the above passage ?a)A better regulatory system will help India achieve the size of economy appropriate to its population.b)In a competitive global economy, India must use regulations strategically.c)Regulations in India do not favour its integration with todays hyper competitive global economy.d)Job creation and economic growth should be dominant considerations in developing Indias regulatory system.Correct answer is option 'A'. Can you explain this answer?.

Solutions for Read the following five passages and answer the items that follow each passage. Your answers tothese items should be based on the passages only.Passage - 1Indias economic footprint, given its population, still remains small compared to the US, the European Union or China. It has much to learn from other economies, yet must implement solutions that fit its unique circumstances. India especially needs an effective long-term regulatory system based on collaboration rather than the current top-down approach. Regulations seek desirable outcomes yet are repeatedly used as political tools to push one agenda or another. Often, regulations fail to consider impacts on jobs and economic growth — or less restrictive alternatives. Regulations may be used to protect local markets at the expense of more widely shared prosperity in the future. Additionally, regulations inevitably result in numerous unintended consequences. In todays hyper competitive global economy, regulations need to be viewed as "weapons" that seek cost-justified social and environmental benefits while improving the economic wellbeing of most citizens.Q. Which one of the following is the most logical, rational and crucial inference that can be derived from the above passage ?a)A better regulatory system will help India achieve the size of economy appropriate to its population.b)In a competitive global economy, India must use regulations strategically.c)Regulations in India do not favour its integration with todays hyper competitive global economy.d)Job creation and economic growth should be dominant considerations in developing Indias regulatory system.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of Read the following five passages and answer the items that follow each passage. Your answers tothese items should be based on the passages only.Passage - 1Indias economic footprint, given its population, still remains small compared to the US, the European Union or China. It has much to learn from other economies, yet must implement solutions that fit its unique circumstances. India especially needs an effective long-term regulatory system based on collaboration rather than the current top-down approach. Regulations seek desirable outcomes yet are repeatedly used as political tools to push one agenda or another. Often, regulations fail to consider impacts on jobs and economic growth — or less restrictive alternatives. Regulations may be used to protect local markets at the expense of more widely shared prosperity in the future. Additionally, regulations inevitably result in numerous unintended consequences. In todays hyper competitive global economy, regulations need to be viewed as "weapons" that seek cost-justified social and environmental benefits while improving the economic wellbeing of most citizens.Q. Which one of the following is the most logical, rational and crucial inference that can be derived from the above passage ?a)A better regulatory system will help India achieve the size of economy appropriate to its population.b)In a competitive global economy, India must use regulations strategically.c)Regulations in India do not favour its integration with todays hyper competitive global economy.d)Job creation and economic growth should be dominant considerations in developing Indias regulatory system.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read the following five passages and answer the items that follow each passage. Your answers tothese items should be based on the passages only.Passage - 1Indias economic footprint, given its population, still remains small compared to the US, the European Union or China. It has much to learn from other economies, yet must implement solutions that fit its unique circumstances. India especially needs an effective long-term regulatory system based on collaboration rather than the current top-down approach. Regulations seek desirable outcomes yet are repeatedly used as political tools to push one agenda or another. Often, regulations fail to consider impacts on jobs and economic growth — or less restrictive alternatives. Regulations may be used to protect local markets at the expense of more widely shared prosperity in the future. Additionally, regulations inevitably result in numerous unintended consequences. In todays hyper competitive global economy, regulations need to be viewed as "weapons" that seek cost-justified social and environmental benefits while improving the economic wellbeing of most citizens.Q. Which one of the following is the most logical, rational and crucial inference that can be derived from the above passage ?a)A better regulatory system will help India achieve the size of economy appropriate to its population.b)In a competitive global economy, India must use regulations strategically.c)Regulations in India do not favour its integration with todays hyper competitive global economy.d)Job creation and economic growth should be dominant considerations in developing Indias regulatory system.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Read the following five passages and answer the items that follow each passage. Your answers tothese items should be based on the passages only.Passage - 1Indias economic footprint, given its population, still remains small compared to the US, the European Union or China. It has much to learn from other economies, yet must implement solutions that fit its unique circumstances. India especially needs an effective long-term regulatory system based on collaboration rather than the current top-down approach. Regulations seek desirable outcomes yet are repeatedly used as political tools to push one agenda or another. Often, regulations fail to consider impacts on jobs and economic growth — or less restrictive alternatives. Regulations may be used to protect local markets at the expense of more widely shared prosperity in the future. Additionally, regulations inevitably result in numerous unintended consequences. In todays hyper competitive global economy, regulations need to be viewed as "weapons" that seek cost-justified social and environmental benefits while improving the economic wellbeing of most citizens.Q. Which one of the following is the most logical, rational and crucial inference that can be derived from the above passage ?a)A better regulatory system will help India achieve the size of economy appropriate to its population.b)In a competitive global economy, India must use regulations strategically.c)Regulations in India do not favour its integration with todays hyper competitive global economy.d)Job creation and economic growth should be dominant considerations in developing Indias regulatory system.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Read the following five passages and answer the items that follow each passage. Your answers tothese items should be based on the passages only.Passage - 1Indias economic footprint, given its population, still remains small compared to the US, the European Union or China. It has much to learn from other economies, yet must implement solutions that fit its unique circumstances. India especially needs an effective long-term regulatory system based on collaboration rather than the current top-down approach. Regulations seek desirable outcomes yet are repeatedly used as political tools to push one agenda or another. Often, regulations fail to consider impacts on jobs and economic growth — or less restrictive alternatives. Regulations may be used to protect local markets at the expense of more widely shared prosperity in the future. Additionally, regulations inevitably result in numerous unintended consequences. In todays hyper competitive global economy, regulations need to be viewed as "weapons" that seek cost-justified social and environmental benefits while improving the economic wellbeing of most citizens.Q. Which one of the following is the most logical, rational and crucial inference that can be derived from the above passage ?a)A better regulatory system will help India achieve the size of economy appropriate to its population.b)In a competitive global economy, India must use regulations strategically.c)Regulations in India do not favour its integration with todays hyper competitive global economy.d)Job creation and economic growth should be dominant considerations in developing Indias regulatory system.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the following five passages and answer the items that follow each passage. Your answers tothese items should be based on the passages only.Passage - 1Indias economic footprint, given its population, still remains small compared to the US, the European Union or China. It has much to learn from other economies, yet must implement solutions that fit its unique circumstances. India especially needs an effective long-term regulatory system based on collaboration rather than the current top-down approach. Regulations seek desirable outcomes yet are repeatedly used as political tools to push one agenda or another. Often, regulations fail to consider impacts on jobs and economic growth — or less restrictive alternatives. Regulations may be used to protect local markets at the expense of more widely shared prosperity in the future. Additionally, regulations inevitably result in numerous unintended consequences. In todays hyper competitive global economy, regulations need to be viewed as "weapons" that seek cost-justified social and environmental benefits while improving the economic wellbeing of most citizens.Q. Which one of the following is the most logical, rational and crucial inference that can be derived from the above passage ?a)A better regulatory system will help India achieve the size of economy appropriate to its population.b)In a competitive global economy, India must use regulations strategically.c)Regulations in India do not favour its integration with todays hyper competitive global economy.d)Job creation and economic growth should be dominant considerations in developing Indias regulatory system.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.