In which year the Board of Industrial and Financial Reconstruction (BIFR) came in to existence?

Which industrial revolution can be called the Digital Revolution?

Which Indian industrialist who was elected as the Chairman of the International Chamber of Commerce (ICC) in 2016 ?

Consider the given statements to be true and decide which of the suggested courses of action logically `follows(s) on the basis of the information given in the statements.

Statements :

The pollution and air quality in Delhi is beyond the acceptable level. This is due to industrial and automobile exhaustion.

Course of action :

1. Automobiles should be divided into groups to be run only on odd and even days, respectively.

2. The government should stop the registration of new factories and vehicles.

Deindustrialisation means

In the following question, sentence given with blank is to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

Unchecked industrial effluents discharging into the rivers has caused ______________ damage to the environment.

Unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand is called

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers.

Selling a commodity at a price that is not more than that charged by competitors is -