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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.
[Source - www.news18.com, June 3, 2022]
Q. Which major chip manufacturer, Semiconductor Manufacturing International Corporation (SMIC), faced restrictions from the US Department of Commerce, resulting in a global chip shortage?
  • a)
    North Korea's
  • b)
    Taiwan's
  • c)
    Russia's
  • d)
    China's
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Directions: Read the following passage and answer the question.India f...
The US Department of Commerce placed limitations on Semiconductor Manufacturing International Corporation (SMIC), China's largest chip manufacturer, as part of the economic dispute between China and the US, making it more difficult for them to do business with organizations with American ties. Due to these limitations, businesses were obliged to employ facilities like Samsung and Taiwan Semiconductor Manufacturing Company Limited (TSMC). Nevertheless, these businesses were already operating at full capacity.
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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.[Source - www.news18.com, June 3, 2022]Q.Which major chip manufacturer, Semiconductor Manufacturing International Corporation (SMIC), faced restrictions from the US Department of Commerce, resulting in a global chip shortage?a)North Koreasb)Taiwansc)Russiasd)ChinasCorrect answer is option 'D'. Can you explain this answer?
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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.[Source - www.news18.com, June 3, 2022]Q.Which major chip manufacturer, Semiconductor Manufacturing International Corporation (SMIC), faced restrictions from the US Department of Commerce, resulting in a global chip shortage?a)North Koreasb)Taiwansc)Russiasd)ChinasCorrect answer is option 'D'. 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.[Source - www.news18.com, June 3, 2022]Q.Which major chip manufacturer, Semiconductor Manufacturing International Corporation (SMIC), faced restrictions from the US Department of Commerce, resulting in a global chip shortage?a)North Koreasb)Taiwansc)Russiasd)ChinasCorrect answer is option 'D'. 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.[Source - www.news18.com, June 3, 2022]Q.Which major chip manufacturer, Semiconductor Manufacturing International Corporation (SMIC), faced restrictions from the US Department of Commerce, resulting in a global chip shortage?a)North Koreasb)Taiwansc)Russiasd)ChinasCorrect answer is option 'D'. 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.[Source - www.news18.com, June 3, 2022]Q.Which major chip manufacturer, Semiconductor Manufacturing International Corporation (SMIC), faced restrictions from the US Department of Commerce, resulting in a global chip shortage?a)North Koreasb)Taiwansc)Russiasd)ChinasCorrect answer is option 'D'. 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.[Source - www.news18.com, June 3, 2022]Q.Which major chip manufacturer, Semiconductor Manufacturing International Corporation (SMIC), faced restrictions from the US Department of Commerce, resulting in a global chip shortage?a)North Koreasb)Taiwansc)Russiasd)ChinasCorrect answer is option 'D'. 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.[Source - www.news18.com, June 3, 2022]Q.Which major chip manufacturer, Semiconductor Manufacturing International Corporation (SMIC), faced restrictions from the US Department of Commerce, resulting in a global chip shortage?a)North Koreasb)Taiwansc)Russiasd)ChinasCorrect answer is option 'D'. 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.[Source - www.news18.com, June 3, 2022]Q.Which major chip manufacturer, Semiconductor Manufacturing International Corporation (SMIC), faced restrictions from the US Department of Commerce, resulting in a global chip shortage?a)North Koreasb)Taiwansc)Russiasd)ChinasCorrect answer is option 'D'. 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.[Source - www.news18.com, June 3, 2022]Q.Which major chip manufacturer, Semiconductor Manufacturing International Corporation (SMIC), faced restrictions from the US Department of Commerce, resulting in a global chip shortage?a)North Koreasb)Taiwansc)Russiasd)ChinasCorrect answer is option 'D'. 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.[Source - www.news18.com, June 3, 2022]Q.Which major chip manufacturer, Semiconductor Manufacturing International Corporation (SMIC), faced restrictions from the US Department of Commerce, resulting in a global chip shortage?a)North Koreasb)Taiwansc)Russiasd)ChinasCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice CLAT tests.
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