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Consider the following statements regarding ‘Agni Prime’ Missile.
1. It is a canisterised missile with range capability more than 5,000 kms.
2. It is nuclear-capable ballistic missile.
3. It is an advanced version of Agni-1 missile along with high level of accuracy.
Which of the above statements is/are correct?
  • a)
    3 only
  • b)
    1, 3
  • c)
    2, 3
  • d)
    1, 2, 3
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Consider the following statements regarding ‘Agni Prime’ M...
Agni P is a new generation advanced variant of Agni class of missiles. It is a canisterised missile with range capability between 1,000 and 2,000 kms
India’s Defence Research and Development Organisation (DRDO) successfully flight-tested a new generation nuclear-capable ballistic missile Agni P also known as ‘Agni Prime’ from Dr APJ Abdul Kalam island off the coast of Odisha. The missile followed textbook trajectory, meeting all mission objectives with the high level of accuracy.
It can hit targets up to a range of 2000 kms, and is very short and light in comparison with other missiles in this class.
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Consider the following statements regarding ‘Agni Prime’ M...
The role of government in a market economy:

1. Government regulation is necessary to ensure fair competition and prevent monopolies from dominating the market.

2. Government intervention can help correct market failures and provide public goods that the private sector may not adequately provide.

3. Government should play a limited role in the economy and allow market forces to determine prices and allocate resources.

4. Government should provide social safety nets and welfare programs to protect vulnerable individuals and reduce poverty.

5. Government should ensure consumer protection by enforcing laws and regulations that prevent fraud and ensure product safety.

6. Government should invest in infrastructure and promote economic development to create a favorable business environment.

7. Government should levy taxes to fund public goods and services, but should strive for an efficient and fair tax system.

8. Government should promote economic stability by implementing appropriate monetary and fiscal policies.

9. Government should protect property rights and enforce contracts to provide a stable and predictable business environment.

10. Government should promote international trade and negotiate trade agreements to open up markets and stimulate economic growth.

It is important to note that different countries and economic systems may have varying degrees of government involvement in the economy, and these statements may not apply universally.
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Consider the following statements regarding ‘Agni Prime’ Missile.1. It is a canisterised missile with range capability more than 5,000 kms.2. It is nuclear-capable ballistic missile.3. It is an advanced version of Agni-1 missile along with high level of accuracy.Which of the above statements is/are correct?a)3 onlyb)1, 3c)2, 3d)1, 2, 3Correct answer is option 'C'. Can you explain this answer?
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