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Directions: Read the following passage and answer the question.E-commerce in India has seen phenomenal growth over the years — from $39 billion in 2017, it is projected to rise to $200 billion by 2026. This comes in the wake of deepening penetration of the Internet and mobile phones. There has been a steady expansion of online offerings — electronics, apparel, travel, movies, medicine, hotel reservations, books, matrimonial services, cosmetics, footwear, fashion accessories and groceries. The liberal Foreign Direct Investment (FDI) policy, where 100% business-to-business transactions are allowed, is also fuelling the growth of this market.This growth, however, comes with challenges. Counterfeiting and pirated goods continue to distort the virtual marketplace. E-commerce sites are regularly being used as common platforms for the sale of counterfeit goods. Whether it is online or offline, the dangers are legitimate market loss and the occupation of economic space by unauthorised and grey market operators, causing loss of revenue to the government, loss of jobs, threat to consumer safety, and growth of organised crime.While technology offers several solutions to authenticate the original product, the same technological tools, particularly artificial intelligence, help create clones. This makes it more difficult to distinguish between the original and the fake. Moreover, when e-commerce players and brand owners get embroiled in disputes, it is the counterfeiters who reap the benefits. What is needed is constant upgradation and innovation to stay ahead of the counterfeiters. Therefore, it is important that we have regulations for e-commerce.Q. Based on the information set out in the text, which of the following is most accurate?a)As technology can be easily manipulated to access information about customers, it has also jeopardized consumer safety.b)E-commerce websites have made sale of counterfeited products easier.c)Growth of e-commerce websites has come at the cost of decline of traditional marketplaces.d)E-commerce companies and brand owners are working together to find out a solution to piracy.Correct answer is option 'B'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared
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the CLAT exam syllabus. Information about Directions: Read the following passage and answer the question.E-commerce in India has seen phenomenal growth over the years — from $39 billion in 2017, it is projected to rise to $200 billion by 2026. This comes in the wake of deepening penetration of the Internet and mobile phones. There has been a steady expansion of online offerings — electronics, apparel, travel, movies, medicine, hotel reservations, books, matrimonial services, cosmetics, footwear, fashion accessories and groceries. The liberal Foreign Direct Investment (FDI) policy, where 100% business-to-business transactions are allowed, is also fuelling the growth of this market.This growth, however, comes with challenges. Counterfeiting and pirated goods continue to distort the virtual marketplace. E-commerce sites are regularly being used as common platforms for the sale of counterfeit goods. Whether it is online or offline, the dangers are legitimate market loss and the occupation of economic space by unauthorised and grey market operators, causing loss of revenue to the government, loss of jobs, threat to consumer safety, and growth of organised crime.While technology offers several solutions to authenticate the original product, the same technological tools, particularly artificial intelligence, help create clones. This makes it more difficult to distinguish between the original and the fake. Moreover, when e-commerce players and brand owners get embroiled in disputes, it is the counterfeiters who reap the benefits. What is needed is constant upgradation and innovation to stay ahead of the counterfeiters. Therefore, it is important that we have regulations for e-commerce.Q. Based on the information set out in the text, which of the following is most accurate?a)As technology can be easily manipulated to access information about customers, it has also jeopardized consumer safety.b)E-commerce websites have made sale of counterfeited products easier.c)Growth of e-commerce websites has come at the cost of decline of traditional marketplaces.d)E-commerce companies and brand owners are working together to find out a solution to piracy.Correct answer is option 'B'. 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.E-commerce in India has seen phenomenal growth over the years — from $39 billion in 2017, it is projected to rise to $200 billion by 2026. This comes in the wake of deepening penetration of the Internet and mobile phones. There has been a steady expansion of online offerings — electronics, apparel, travel, movies, medicine, hotel reservations, books, matrimonial services, cosmetics, footwear, fashion accessories and groceries. The liberal Foreign Direct Investment (FDI) policy, where 100% business-to-business transactions are allowed, is also fuelling the growth of this market.This growth, however, comes with challenges. Counterfeiting and pirated goods continue to distort the virtual marketplace. E-commerce sites are regularly being used as common platforms for the sale of counterfeit goods. Whether it is online or offline, the dangers are legitimate market loss and the occupation of economic space by unauthorised and grey market operators, causing loss of revenue to the government, loss of jobs, threat to consumer safety, and growth of organised crime.While technology offers several solutions to authenticate the original product, the same technological tools, particularly artificial intelligence, help create clones. This makes it more difficult to distinguish between the original and the fake. Moreover, when e-commerce players and brand owners get embroiled in disputes, it is the counterfeiters who reap the benefits. What is needed is constant upgradation and innovation to stay ahead of the counterfeiters. Therefore, it is important that we have regulations for e-commerce.Q. Based on the information set out in the text, which of the following is most accurate?a)As technology can be easily manipulated to access information about customers, it has also jeopardized consumer safety.b)E-commerce websites have made sale of counterfeited products easier.c)Growth of e-commerce websites has come at the cost of decline of traditional marketplaces.d)E-commerce companies and brand owners are working together to find out a solution to piracy.Correct answer is option 'B'. Can you explain this answer?.
Solutions for Directions: Read the following passage and answer the question.E-commerce in India has seen phenomenal growth over the years — from $39 billion in 2017, it is projected to rise to $200 billion by 2026. This comes in the wake of deepening penetration of the Internet and mobile phones. There has been a steady expansion of online offerings — electronics, apparel, travel, movies, medicine, hotel reservations, books, matrimonial services, cosmetics, footwear, fashion accessories and groceries. The liberal Foreign Direct Investment (FDI) policy, where 100% business-to-business transactions are allowed, is also fuelling the growth of this market.This growth, however, comes with challenges. Counterfeiting and pirated goods continue to distort the virtual marketplace. E-commerce sites are regularly being used as common platforms for the sale of counterfeit goods. Whether it is online or offline, the dangers are legitimate market loss and the occupation of economic space by unauthorised and grey market operators, causing loss of revenue to the government, loss of jobs, threat to consumer safety, and growth of organised crime.While technology offers several solutions to authenticate the original product, the same technological tools, particularly artificial intelligence, help create clones. This makes it more difficult to distinguish between the original and the fake. Moreover, when e-commerce players and brand owners get embroiled in disputes, it is the counterfeiters who reap the benefits. What is needed is constant upgradation and innovation to stay ahead of the counterfeiters. Therefore, it is important that we have regulations for e-commerce.Q. Based on the information set out in the text, which of the following is most accurate?a)As technology can be easily manipulated to access information about customers, it has also jeopardized consumer safety.b)E-commerce websites have made sale of counterfeited products easier.c)Growth of e-commerce websites has come at the cost of decline of traditional marketplaces.d)E-commerce companies and brand owners are working together to find out a solution to piracy.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT.
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Here you can find the meaning of Directions: Read the following passage and answer the question.E-commerce in India has seen phenomenal growth over the years — from $39 billion in 2017, it is projected to rise to $200 billion by 2026. This comes in the wake of deepening penetration of the Internet and mobile phones. There has been a steady expansion of online offerings — electronics, apparel, travel, movies, medicine, hotel reservations, books, matrimonial services, cosmetics, footwear, fashion accessories and groceries. The liberal Foreign Direct Investment (FDI) policy, where 100% business-to-business transactions are allowed, is also fuelling the growth of this market.This growth, however, comes with challenges. Counterfeiting and pirated goods continue to distort the virtual marketplace. E-commerce sites are regularly being used as common platforms for the sale of counterfeit goods. Whether it is online or offline, the dangers are legitimate market loss and the occupation of economic space by unauthorised and grey market operators, causing loss of revenue to the government, loss of jobs, threat to consumer safety, and growth of organised crime.While technology offers several solutions to authenticate the original product, the same technological tools, particularly artificial intelligence, help create clones. This makes it more difficult to distinguish between the original and the fake. Moreover, when e-commerce players and brand owners get embroiled in disputes, it is the counterfeiters who reap the benefits. What is needed is constant upgradation and innovation to stay ahead of the counterfeiters. Therefore, it is important that we have regulations for e-commerce.Q. Based on the information set out in the text, which of the following is most accurate?a)As technology can be easily manipulated to access information about customers, it has also jeopardized consumer safety.b)E-commerce websites have made sale of counterfeited products easier.c)Growth of e-commerce websites has come at the cost of decline of traditional marketplaces.d)E-commerce companies and brand owners are working together to find out a solution to piracy.Correct answer is option 'B'. 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.E-commerce in India has seen phenomenal growth over the years — from $39 billion in 2017, it is projected to rise to $200 billion by 2026. This comes in the wake of deepening penetration of the Internet and mobile phones. There has been a steady expansion of online offerings — electronics, apparel, travel, movies, medicine, hotel reservations, books, matrimonial services, cosmetics, footwear, fashion accessories and groceries. The liberal Foreign Direct Investment (FDI) policy, where 100% business-to-business transactions are allowed, is also fuelling the growth of this market.This growth, however, comes with challenges. Counterfeiting and pirated goods continue to distort the virtual marketplace. E-commerce sites are regularly being used as common platforms for the sale of counterfeit goods. Whether it is online or offline, the dangers are legitimate market loss and the occupation of economic space by unauthorised and grey market operators, causing loss of revenue to the government, loss of jobs, threat to consumer safety, and growth of organised crime.While technology offers several solutions to authenticate the original product, the same technological tools, particularly artificial intelligence, help create clones. This makes it more difficult to distinguish between the original and the fake. Moreover, when e-commerce players and brand owners get embroiled in disputes, it is the counterfeiters who reap the benefits. What is needed is constant upgradation and innovation to stay ahead of the counterfeiters. Therefore, it is important that we have regulations for e-commerce.Q. Based on the information set out in the text, which of the following is most accurate?a)As technology can be easily manipulated to access information about customers, it has also jeopardized consumer safety.b)E-commerce websites have made sale of counterfeited products easier.c)Growth of e-commerce websites has come at the cost of decline of traditional marketplaces.d)E-commerce companies and brand owners are working together to find out a solution to piracy.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Directions: Read the following passage and answer the question.E-commerce in India has seen phenomenal growth over the years — from $39 billion in 2017, it is projected to rise to $200 billion by 2026. This comes in the wake of deepening penetration of the Internet and mobile phones. There has been a steady expansion of online offerings — electronics, apparel, travel, movies, medicine, hotel reservations, books, matrimonial services, cosmetics, footwear, fashion accessories and groceries. The liberal Foreign Direct Investment (FDI) policy, where 100% business-to-business transactions are allowed, is also fuelling the growth of this market.This growth, however, comes with challenges. Counterfeiting and pirated goods continue to distort the virtual marketplace. E-commerce sites are regularly being used as common platforms for the sale of counterfeit goods. Whether it is online or offline, the dangers are legitimate market loss and the occupation of economic space by unauthorised and grey market operators, causing loss of revenue to the government, loss of jobs, threat to consumer safety, and growth of organised crime.While technology offers several solutions to authenticate the original product, the same technological tools, particularly artificial intelligence, help create clones. This makes it more difficult to distinguish between the original and the fake. Moreover, when e-commerce players and brand owners get embroiled in disputes, it is the counterfeiters who reap the benefits. What is needed is constant upgradation and innovation to stay ahead of the counterfeiters. Therefore, it is important that we have regulations for e-commerce.Q. Based on the information set out in the text, which of the following is most accurate?a)As technology can be easily manipulated to access information about customers, it has also jeopardized consumer safety.b)E-commerce websites have made sale of counterfeited products easier.c)Growth of e-commerce websites has come at the cost of decline of traditional marketplaces.d)E-commerce companies and brand owners are working together to find out a solution to piracy.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Directions: Read the following passage and answer the question.E-commerce in India has seen phenomenal growth over the years — from $39 billion in 2017, it is projected to rise to $200 billion by 2026. This comes in the wake of deepening penetration of the Internet and mobile phones. There has been a steady expansion of online offerings — electronics, apparel, travel, movies, medicine, hotel reservations, books, matrimonial services, cosmetics, footwear, fashion accessories and groceries. The liberal Foreign Direct Investment (FDI) policy, where 100% business-to-business transactions are allowed, is also fuelling the growth of this market.This growth, however, comes with challenges. Counterfeiting and pirated goods continue to distort the virtual marketplace. E-commerce sites are regularly being used as common platforms for the sale of counterfeit goods. Whether it is online or offline, the dangers are legitimate market loss and the occupation of economic space by unauthorised and grey market operators, causing loss of revenue to the government, loss of jobs, threat to consumer safety, and growth of organised crime.While technology offers several solutions to authenticate the original product, the same technological tools, particularly artificial intelligence, help create clones. This makes it more difficult to distinguish between the original and the fake. Moreover, when e-commerce players and brand owners get embroiled in disputes, it is the counterfeiters who reap the benefits. What is needed is constant upgradation and innovation to stay ahead of the counterfeiters. Therefore, it is important that we have regulations for e-commerce.Q. Based on the information set out in the text, which of the following is most accurate?a)As technology can be easily manipulated to access information about customers, it has also jeopardized consumer safety.b)E-commerce websites have made sale of counterfeited products easier.c)Growth of e-commerce websites has come at the cost of decline of traditional marketplaces.d)E-commerce companies and brand owners are working together to find out a solution to piracy.Correct answer is option 'B'. 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.E-commerce in India has seen phenomenal growth over the years — from $39 billion in 2017, it is projected to rise to $200 billion by 2026. This comes in the wake of deepening penetration of the Internet and mobile phones. There has been a steady expansion of online offerings — electronics, apparel, travel, movies, medicine, hotel reservations, books, matrimonial services, cosmetics, footwear, fashion accessories and groceries. The liberal Foreign Direct Investment (FDI) policy, where 100% business-to-business transactions are allowed, is also fuelling the growth of this market.This growth, however, comes with challenges. Counterfeiting and pirated goods continue to distort the virtual marketplace. E-commerce sites are regularly being used as common platforms for the sale of counterfeit goods. Whether it is online or offline, the dangers are legitimate market loss and the occupation of economic space by unauthorised and grey market operators, causing loss of revenue to the government, loss of jobs, threat to consumer safety, and growth of organised crime.While technology offers several solutions to authenticate the original product, the same technological tools, particularly artificial intelligence, help create clones. This makes it more difficult to distinguish between the original and the fake. Moreover, when e-commerce players and brand owners get embroiled in disputes, it is the counterfeiters who reap the benefits. What is needed is constant upgradation and innovation to stay ahead of the counterfeiters. Therefore, it is important that we have regulations for e-commerce.Q. Based on the information set out in the text, which of the following is most accurate?a)As technology can be easily manipulated to access information about customers, it has also jeopardized consumer safety.b)E-commerce websites have made sale of counterfeited products easier.c)Growth of e-commerce websites has come at the cost of decline of traditional marketplaces.d)E-commerce companies and brand owners are working together to find out a solution to piracy.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CLAT tests.