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Directions: Read the following passage and answer the question.India faces a tough task ahead: to show its commitment to building the semiconductor industry. Industrial policies with capital may attract investments and potential bids, but favourable trade policies and a conducive business environment can ensure the completion of the projects and yield results. In the long run, this approach can attract more international semiconductor firms. India can be closer to its goals by adopting the following policy recommendations. To begin with, India must change its approach to foreign trade policy and make it more accommodating to the technology sector. The government can then focus on developing a comprehensive trade policy suited or catered to the semiconductor industry itself. Existing mercantilist and distortive trade practices that undermine the tenets of market-based competitiveness in the industry must be eliminated. India should join the World Semiconductor Council to make its voice heard among the semiconductor powerhouses. The Council is a strong proponent of free trade and is guided by the principles of fairness, respect for market principles, and consistency with WTO rules.Q. Consider the following statements and mark the correct option.Assertion (A): India stayed out of the expansion of World Trade Organization's Information Technology Agreement in 2015.Reason (R): The government had introduced the 'Make in India' policy to improve domestic manufacturing across various sectors.a)Only A is correct.b)Only R is correct.c)Both A and R are correct and R is the right explanation of A.d)Both A and R are correct but R is not the right explanation of A.Correct answer is option 'C'. 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: Read the following passage and answer the question.India faces a tough task ahead: to show its commitment to building the semiconductor industry. Industrial policies with capital may attract investments and potential bids, but favourable trade policies and a conducive business environment can ensure the completion of the projects and yield results. In the long run, this approach can attract more international semiconductor firms. India can be closer to its goals by adopting the following policy recommendations. To begin with, India must change its approach to foreign trade policy and make it more accommodating to the technology sector. The government can then focus on developing a comprehensive trade policy suited or catered to the semiconductor industry itself. Existing mercantilist and distortive trade practices that undermine the tenets of market-based competitiveness in the industry must be eliminated. India should join the World Semiconductor Council to make its voice heard among the semiconductor powerhouses. The Council is a strong proponent of free trade and is guided by the principles of fairness, respect for market principles, and consistency with WTO rules.Q. Consider the following statements and mark the correct option.Assertion (A): India stayed out of the expansion of World Trade Organization's Information Technology Agreement in 2015.Reason (R): The government had introduced the 'Make in India' policy to improve domestic manufacturing across various sectors.a)Only A is correct.b)Only R is correct.c)Both A and R are correct and R is the right explanation of A.d)Both A and R are correct but R is not the right explanation of A.Correct answer is option 'C'. 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: Read the following passage and answer the question.India faces a tough task ahead: to show its commitment to building the semiconductor industry. Industrial policies with capital may attract investments and potential bids, but favourable trade policies and a conducive business environment can ensure the completion of the projects and yield results. In the long run, this approach can attract more international semiconductor firms. India can be closer to its goals by adopting the following policy recommendations. To begin with, India must change its approach to foreign trade policy and make it more accommodating to the technology sector. The government can then focus on developing a comprehensive trade policy suited or catered to the semiconductor industry itself. Existing mercantilist and distortive trade practices that undermine the tenets of market-based competitiveness in the industry must be eliminated. India should join the World Semiconductor Council to make its voice heard among the semiconductor powerhouses. The Council is a strong proponent of free trade and is guided by the principles of fairness, respect for market principles, and consistency with WTO rules.Q. Consider the following statements and mark the correct option.Assertion (A): India stayed out of the expansion of World Trade Organization's Information Technology Agreement in 2015.Reason (R): The government had introduced the 'Make in India' policy to improve domestic manufacturing across various sectors.a)Only A is correct.b)Only R is correct.c)Both A and R are correct and R is the right explanation of A.d)Both A and R are correct but R is not the right explanation of A.Correct answer is option 'C'. Can you explain this answer?.

Solutions for Directions: Read the following passage and answer the question.India faces a tough task ahead: to show its commitment to building the semiconductor industry. Industrial policies with capital may attract investments and potential bids, but favourable trade policies and a conducive business environment can ensure the completion of the projects and yield results. In the long run, this approach can attract more international semiconductor firms. India can be closer to its goals by adopting the following policy recommendations. To begin with, India must change its approach to foreign trade policy and make it more accommodating to the technology sector. The government can then focus on developing a comprehensive trade policy suited or catered to the semiconductor industry itself. Existing mercantilist and distortive trade practices that undermine the tenets of market-based competitiveness in the industry must be eliminated. India should join the World Semiconductor Council to make its voice heard among the semiconductor powerhouses. The Council is a strong proponent of free trade and is guided by the principles of fairness, respect for market principles, and consistency with WTO rules.Q. Consider the following statements and mark the correct option.Assertion (A): India stayed out of the expansion of World Trade Organization's Information Technology Agreement in 2015.Reason (R): The government had introduced the 'Make in India' policy to improve domestic manufacturing across various sectors.a)Only A is correct.b)Only R is correct.c)Both A and R are correct and R is the right explanation of A.d)Both A and R are correct but R is not the right explanation of A.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.

Here you can find the meaning of Directions: Read the following passage and answer the question.India faces a tough task ahead: to show its commitment to building the semiconductor industry. Industrial policies with capital may attract investments and potential bids, but favourable trade policies and a conducive business environment can ensure the completion of the projects and yield results. In the long run, this approach can attract more international semiconductor firms. India can be closer to its goals by adopting the following policy recommendations. To begin with, India must change its approach to foreign trade policy and make it more accommodating to the technology sector. The government can then focus on developing a comprehensive trade policy suited or catered to the semiconductor industry itself. Existing mercantilist and distortive trade practices that undermine the tenets of market-based competitiveness in the industry must be eliminated. India should join the World Semiconductor Council to make its voice heard among the semiconductor powerhouses. The Council is a strong proponent of free trade and is guided by the principles of fairness, respect for market principles, and consistency with WTO rules.Q. Consider the following statements and mark the correct option.Assertion (A): India stayed out of the expansion of World Trade Organization's Information Technology Agreement in 2015.Reason (R): The government had introduced the 'Make in India' policy to improve domestic manufacturing across various sectors.a)Only A is correct.b)Only R is correct.c)Both A and R are correct and R is the right explanation of A.d)Both A and R are correct but R is not the right explanation of A.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Read the following passage and answer the question.India faces a tough task ahead: to show its commitment to building the semiconductor industry. Industrial policies with capital may attract investments and potential bids, but favourable trade policies and a conducive business environment can ensure the completion of the projects and yield results. In the long run, this approach can attract more international semiconductor firms. India can be closer to its goals by adopting the following policy recommendations. To begin with, India must change its approach to foreign trade policy and make it more accommodating to the technology sector. The government can then focus on developing a comprehensive trade policy suited or catered to the semiconductor industry itself. Existing mercantilist and distortive trade practices that undermine the tenets of market-based competitiveness in the industry must be eliminated. India should join the World Semiconductor Council to make its voice heard among the semiconductor powerhouses. The Council is a strong proponent of free trade and is guided by the principles of fairness, respect for market principles, and consistency with WTO rules.Q. Consider the following statements and mark the correct option.Assertion (A): India stayed out of the expansion of World Trade Organization's Information Technology Agreement in 2015.Reason (R): The government had introduced the 'Make in India' policy to improve domestic manufacturing across various sectors.a)Only A is correct.b)Only R is correct.c)Both A and R are correct and R is the right explanation of A.d)Both A and R are correct but R is not the right explanation of A.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Directions: Read the following passage and answer the question.India faces a tough task ahead: to show its commitment to building the semiconductor industry. Industrial policies with capital may attract investments and potential bids, but favourable trade policies and a conducive business environment can ensure the completion of the projects and yield results. In the long run, this approach can attract more international semiconductor firms. India can be closer to its goals by adopting the following policy recommendations. To begin with, India must change its approach to foreign trade policy and make it more accommodating to the technology sector. The government can then focus on developing a comprehensive trade policy suited or catered to the semiconductor industry itself. Existing mercantilist and distortive trade practices that undermine the tenets of market-based competitiveness in the industry must be eliminated. India should join the World Semiconductor Council to make its voice heard among the semiconductor powerhouses. The Council is a strong proponent of free trade and is guided by the principles of fairness, respect for market principles, and consistency with WTO rules.Q. Consider the following statements and mark the correct option.Assertion (A): India stayed out of the expansion of World Trade Organization's Information Technology Agreement in 2015.Reason (R): The government had introduced the 'Make in India' policy to improve domestic manufacturing across various sectors.a)Only A is correct.b)Only R is correct.c)Both A and R are correct and R is the right explanation of A.d)Both A and R are correct but R is not the right explanation of A.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Directions: Read the following passage and answer the question.India faces a tough task ahead: to show its commitment to building the semiconductor industry. Industrial policies with capital may attract investments and potential bids, but favourable trade policies and a conducive business environment can ensure the completion of the projects and yield results. In the long run, this approach can attract more international semiconductor firms. India can be closer to its goals by adopting the following policy recommendations. To begin with, India must change its approach to foreign trade policy and make it more accommodating to the technology sector. The government can then focus on developing a comprehensive trade policy suited or catered to the semiconductor industry itself. Existing mercantilist and distortive trade practices that undermine the tenets of market-based competitiveness in the industry must be eliminated. India should join the World Semiconductor Council to make its voice heard among the semiconductor powerhouses. The Council is a strong proponent of free trade and is guided by the principles of fairness, respect for market principles, and consistency with WTO rules.Q. Consider the following statements and mark the correct option.Assertion (A): India stayed out of the expansion of World Trade Organization's Information Technology Agreement in 2015.Reason (R): The government had introduced the 'Make in India' policy to improve domestic manufacturing across various sectors.a)Only A is correct.b)Only R is correct.c)Both A and R are correct and R is the right explanation of A.d)Both A and R are correct but R is not the right explanation of A.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Read the following passage and answer the question.India faces a tough task ahead: to show its commitment to building the semiconductor industry. Industrial policies with capital may attract investments and potential bids, but favourable trade policies and a conducive business environment can ensure the completion of the projects and yield results. In the long run, this approach can attract more international semiconductor firms. India can be closer to its goals by adopting the following policy recommendations. To begin with, India must change its approach to foreign trade policy and make it more accommodating to the technology sector. The government can then focus on developing a comprehensive trade policy suited or catered to the semiconductor industry itself. Existing mercantilist and distortive trade practices that undermine the tenets of market-based competitiveness in the industry must be eliminated. India should join the World Semiconductor Council to make its voice heard among the semiconductor powerhouses. The Council is a strong proponent of free trade and is guided by the principles of fairness, respect for market principles, and consistency with WTO rules.Q. Consider the following statements and mark the correct option.Assertion (A): India stayed out of the expansion of World Trade Organization's Information Technology Agreement in 2015.Reason (R): The government had introduced the 'Make in India' policy to improve domestic manufacturing across various sectors.a)Only A is correct.b)Only R is correct.c)Both A and R are correct and R is the right explanation of A.d)Both A and R are correct but R is not the right explanation of A.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CLAT tests.