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What are positive and negative impact of minimum price ceiling on India
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What are positive and negative impact of minimum price ceiling on Indi...
Positive impact of min pricing is to help all the needy people and poor who can't afford much price things .
for negative impact may be on economy of country .
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Terming the current price levels for as ‘unsustainable’, the Finance Ministry said on Tuesday that these prices are expected to ease soon while asserting that India is well positioned to cope with escalated import costs thanks to its record forex reserves.The impact of the recent developments, including the Ukraine-Russia crisis, on India’s growth, inflation, current account and fiscal deficits will depend on the persistence of commodities prices at elevated levels, the ministry noted.“Given the inherently unsustainable nature of high prices, international commodity prices are expected to level off early with increase in supplies outside the crisis zone,” the ministry projected in its monthly review of the economy for February.The geopolitical tensions between Russia and Ukraine, the ministry said, has triggered a ‘massive turbulence in the global economy’ with prices of crude oil and other commodities shooting up and ‘escalating the cost of India’s import basket’. However, its impact on India’s activity level this month can only be assessed a month later, it said, noting that forex reserves are adequate to finance over 12 months of imports.Q. Largest Oil producer of world is ______

Terming the current price levels for as ‘unsustainable’, the Finance Ministry said on Tuesday that these prices are expected to ease soon while asserting that India is well positioned to cope with escalated import costs thanks to its record forex reserves.The impact of the recent developments, including the Ukraine-Russia crisis, on India’s growth, inflation, current account and fiscal deficits will depend on the persistence of commodities prices at elevated levels, the ministry noted.“Given the inherently unsustainable nature of high prices, international commodity prices are expected to level off early with increase in supplies outside the crisis zone,” the ministry projected in its monthly review of the economy for February.The geopolitical tensions between Russia and Ukraine, the ministry said, has triggered a ‘massive turbulence in the global economy’ with prices of crude oil and other commodities shooting up and ‘escalating the cost of India’s import basket’. However, its impact on India’s activity level this month can only be assessed a month later, it said, noting that forex reserves are adequate to finance over 12 months of imports.Q. What percent of its oil is imported by India?

Terming the current price levels for as ‘unsustainable’, the Finance Ministry said on Tuesday that these prices are expected to ease soon while asserting that India is well positioned to cope with escalated import costs thanks to its record forex reserves.The impact of the recent developments, including the Ukraine-Russia crisis, on India’s growth, inflation, current account and fiscal deficits will depend on the persistence of commodities prices at elevated levels, the ministry noted.“Given the inherently unsustainable nature of high prices, international commodity prices are expected to level off early with increase in supplies outside the crisis zone,” the ministry projected in its monthly review of the economy for February.The geopolitical tensions between Russia and Ukraine, the ministry said, has triggered a ‘massive turbulence in the global economy’ with prices of crude oil and other commodities shooting up and ‘escalating the cost of India’s import basket’. However, its impact on India’s activity level this month can only be assessed a month later, it said, noting that forex reserves are adequate to finance over 12 months of imports.Q. World’s largest importer of Crude oil is _______

What are positive and negative impact of minimum price ceiling on India
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What are positive and negative impact of minimum price ceiling on India for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about What are positive and negative impact of minimum price ceiling on India covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What are positive and negative impact of minimum price ceiling on India .
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