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Consider the following statements regarding the Cold War.
1. The Cold War referred to the competition, the tensions and a series of confrontations between the United States and Soviet Union, backed by their respective allies
2. The eastern alliance, headed by the US, represented the ideology of liberal democracy and capitalism while the western alliance, headed by the Soviet Union, was committed to the ideology of socialism and communism
Which of these statements are correct?
  • a)
    1 Only
  • b)
    2 Only
  • c)
    Both of them
  • d)
    Neither of them
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding the Cold War.1. The Cold W...
  • The Cuban Missile Crisis was a high point of what came to be known as the Cold War. The Cold War referred to the competition, the tensions and a series of confrontations between the United States and Soviet Union, backed by their respective allies.
  • Fortunately, however, it never escalated into a ‘hot war’, that is, a full-scale war between these two powers. There were wars in various regions, with the two powers and their allies involved in warfare and in supporting regional allies, but at least the world avoided another global war.
  • The Cold War was not simply a matter of power rivalries, of military alliances, and of the balance of power. These were accompanied by a real ideological conflict as well, a difference over the best and the most appropriate way of organising political, economic, and social life all over the world.
  • The western alliance, headed by the US, represented the ideology of liberal democracy and capitalism while the eastern alliance, headed by the Soviet Union, was committed to the ideology of socialism and communism.
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PASSAGE IIIThe need for Competition Law becomes more evident when foreign direct investment (FDI) is liberalised. The impact of FDI is not always pro-competitive. Very often FDI takes the form of a foreign corporation acquiring a domestic enterprise or establishing a joint venture with one. By making such an acquisition the foreign investor may substantially lessen competition and gain a dominant position in the relevant market, thus charging higher prices. Another scenario is where the affiliates of two separate multinational companies (MNCs) have been established in competition with one another in a particular developing economy, following the liberisation of FDI. Subsequently, the parent companies overseas merge. With the affiliates no longer remaining independent, competition in the host country may be artificially inflated. Most of these adverse consequences of mergers and acquisitions by MNCs can be avoided if an effective competition law is in place. Also, an economy that has implemented an effective competition law is in a better position to attract FDI than one that has not. This is not just because most MNCs are expected to be accustomed to the operation of such a law in their home countries and know how to deal with such concerns but also that MNCs expect competition authorities to ensure a level playing field between domestic and foreign firms.Q. With reference to the passage, consider the following statements:1. It is desirable that the impact of Foreign Direct investment should be pro-competitive.2. The entry of foreign investors invariably leads to the inflated prices in domestic markets.Which of the statements given above is/are correct?

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Consider the following statements regarding the Cold War.1. The Cold War referred to the competition, the tensions and a series of confrontations between the United States and Soviet Union, backed by their respective allies2. The eastern alliance, headed by the US, represented the ideology of liberal democracy and capitalism while the western alliance, headed by the Soviet Union, was committed to the ideology of socialism and communismWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)Neither of themCorrect answer is option 'A'. Can you explain this answer?
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Consider the following statements regarding the Cold War.1. The Cold War referred to the competition, the tensions and a series of confrontations between the United States and Soviet Union, backed by their respective allies2. The eastern alliance, headed by the US, represented the ideology of liberal democracy and capitalism while the western alliance, headed by the Soviet Union, was committed to the ideology of socialism and communismWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)Neither of themCorrect answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding the Cold War.1. The Cold War referred to the competition, the tensions and a series of confrontations between the United States and Soviet Union, backed by their respective allies2. The eastern alliance, headed by the US, represented the ideology of liberal democracy and capitalism while the western alliance, headed by the Soviet Union, was committed to the ideology of socialism and communismWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)Neither of themCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding the Cold War.1. The Cold War referred to the competition, the tensions and a series of confrontations between the United States and Soviet Union, backed by their respective allies2. The eastern alliance, headed by the US, represented the ideology of liberal democracy and capitalism while the western alliance, headed by the Soviet Union, was committed to the ideology of socialism and communismWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)Neither of themCorrect answer is option 'A'. Can you explain this answer?.
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