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Directions : In each of the questions below is given a statement followed by a question. Read the statement carefully and answer the question that follows.
Q.
Statement: Most car manufacturers have marginally reduced the price of their products despite higher input cost and increased Govt. duties and have promised to keep the prices at the present level for at least the next couple of months.Which of the following can be the best possible reason for the above step by the car manufacturers?
  • a)
    Car manufactures have not been able to meet their sales target for the current year so far.
  • b)
    The government is planning to review taxes on the raw materials for manufacturing cars.
  • c)
    The car sales market is going through a jubilant phase as the volume of sales has picked up considerably in the recent past and profit per car has also gone up.
  • d)
    Car buyers are still hesitant making purchases and may postpone for another few months.
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Directions : In each of the questions below is given a statement follo...
Option A may be the best possible reason because it is necessary to meet sales targets.
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Most Upvoted Answer
Directions : In each of the questions below is given a statement follo...
Reason for Car Manufacturers reducing prices despite higher input costs and increased Govt. duties:

Low sales targets:
- Car manufacturers may have not been able to meet their sales target for the current year so far.
- In order to boost sales, they have marginally reduced prices to attract more customers.
This strategy can help in increasing sales volume and revenue, even if profit margins per car are slightly reduced.
This is the best possible reason among the options provided as it directly addresses the decision of car manufacturers to reduce prices despite facing higher input costs and increased Govt. duties.
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Directions: Read the passage and answer the question that follows.The Pesticide Management Bill, 2020, is a long-overdue law on this critical segment of agriculture, in the making since 2008, to replace the obsolete Insecticides Act, 1968. Globally, India is the fourth-largest producer of pesticides. As a first step, the proposed legislation covers all classes of pesticides, not just insecticides as the current law does.Taking into account advances in modern pest management science and the ill effects of synthetic pesticides, the Pesticide Management Bill should bring India's pesticide sector in line with global norms, to some of which India has signed up. The food safety law already has limits on pesticide residue. It would be desirable for the government to subject the Bill to public comment.The present law addresses manufacturing, sale, import, transport, use, and distribution of insecticides. The Bill will cover the life cycle of pesticides from manufacture to disposal and will include regulation of export, packaging, labelling, pricing, storage, and advertisement. Penalties on manufacturers for non-compliance with rules and regulations would be stiffer.An important focus of the Bill is on labelling-manufacturers will be required by law to specify clear and specific information on material and chemical composition, and dosage of use. The labels must carry this information in the local language to ensure that farmers are properly informed. This is critical. There is a tendency of overuse of pesticides by farmers, often driven by ignorance.The Bill should also have provision for technical assistance to farmers on pesticide use from agriculture extension services centers. This is vital for farm exports. Proposals for a pool for compensating farmers might sound good but would diffuse culpability, which must be rigorously established before seeking compensation. Empowering states to set locally relevant norms would be a good idea.While the Bill is a major step forward, it needs to go beyond regulating chemical pesticides. It must take into account non-synthetic pesticides, including research and development.Q. If a manufacturer is supplying pesticides to the farmers at a village in Tamil Nadu. What is the most important thing for the manufacturer to ensure according to the proposed Pesticide Management Bill, 2020?

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Directions : In each of the questions below is given a statement followed by a question. Read the statement carefully and answer the question that follows.Q.Statement: Most car manufacturers have marginally reduced the price of their products despite higher input cost and increased Govt. duties and have promised to keep the prices at the present level for at least the next couple of months.Which of the following can be the best possible reason for the above step by the car manufacturers?a)Car manufactures have not been able to meet their sales target for the current year so far.b)The government is planning to review taxes on the raw materials for manufacturing cars.c)The car sales market is going through a jubilant phase as the volume of sales has picked up considerably in the recent past and profit per car has also gone up.d)Car buyers are still hesitant making purchases and may postpone for another few months.Correct answer is option 'A'. Can you explain this answer?
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Directions : In each of the questions below is given a statement followed by a question. Read the statement carefully and answer the question that follows.Q.Statement: Most car manufacturers have marginally reduced the price of their products despite higher input cost and increased Govt. duties and have promised to keep the prices at the present level for at least the next couple of months.Which of the following can be the best possible reason for the above step by the car manufacturers?a)Car manufactures have not been able to meet their sales target for the current year so far.b)The government is planning to review taxes on the raw materials for manufacturing cars.c)The car sales market is going through a jubilant phase as the volume of sales has picked up considerably in the recent past and profit per car has also gone up.d)Car buyers are still hesitant making purchases and may postpone for another few months.Correct answer is option 'A'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Directions : In each of the questions below is given a statement followed by a question. Read the statement carefully and answer the question that follows.Q.Statement: Most car manufacturers have marginally reduced the price of their products despite higher input cost and increased Govt. duties and have promised to keep the prices at the present level for at least the next couple of months.Which of the following can be the best possible reason for the above step by the car manufacturers?a)Car manufactures have not been able to meet their sales target for the current year so far.b)The government is planning to review taxes on the raw materials for manufacturing cars.c)The car sales market is going through a jubilant phase as the volume of sales has picked up considerably in the recent past and profit per car has also gone up.d)Car buyers are still hesitant making purchases and may postpone for another few months.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions : In each of the questions below is given a statement followed by a question. Read the statement carefully and answer the question that follows.Q.Statement: Most car manufacturers have marginally reduced the price of their products despite higher input cost and increased Govt. duties and have promised to keep the prices at the present level for at least the next couple of months.Which of the following can be the best possible reason for the above step by the car manufacturers?a)Car manufactures have not been able to meet their sales target for the current year so far.b)The government is planning to review taxes on the raw materials for manufacturing cars.c)The car sales market is going through a jubilant phase as the volume of sales has picked up considerably in the recent past and profit per car has also gone up.d)Car buyers are still hesitant making purchases and may postpone for another few months.Correct answer is option 'A'. Can you explain this answer?.
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Read the statement carefully and answer the question that follows.Q.Statement: Most car manufacturers have marginally reduced the price of their products despite higher input cost and increased Govt. duties and have promised to keep the prices at the present level for at least the next couple of months.Which of the following can be the best possible reason for the above step by the car manufacturers?a)Car manufactures have not been able to meet their sales target for the current year so far.b)The government is planning to review taxes on the raw materials for manufacturing cars.c)The car sales market is going through a jubilant phase as the volume of sales has picked up considerably in the recent past and profit per car has also gone up.d)Car buyers are still hesitant making purchases and may postpone for another few months.Correct answer is option 'A'. 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Read the statement carefully and answer the question that follows.Q.Statement: Most car manufacturers have marginally reduced the price of their products despite higher input cost and increased Govt. duties and have promised to keep the prices at the present level for at least the next couple of months.Which of the following can be the best possible reason for the above step by the car manufacturers?a)Car manufactures have not been able to meet their sales target for the current year so far.b)The government is planning to review taxes on the raw materials for manufacturing cars.c)The car sales market is going through a jubilant phase as the volume of sales has picked up considerably in the recent past and profit per car has also gone up.d)Car buyers are still hesitant making purchases and may postpone for another few months.Correct answer is option 'A'. 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Read the statement carefully and answer the question that follows.Q.Statement: Most car manufacturers have marginally reduced the price of their products despite higher input cost and increased Govt. duties and have promised to keep the prices at the present level for at least the next couple of months.Which of the following can be the best possible reason for the above step by the car manufacturers?a)Car manufactures have not been able to meet their sales target for the current year so far.b)The government is planning to review taxes on the raw materials for manufacturing cars.c)The car sales market is going through a jubilant phase as the volume of sales has picked up considerably in the recent past and profit per car has also gone up.d)Car buyers are still hesitant making purchases and may postpone for another few months.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CLAT tests.
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