Small grocery shop owners have gone on a day`s strike in order to protest against the entry of a foreign retail store chain in the city.

The small grocery shop ownersperceive the big retail giants assharks, trying to dominate theavailable market space.

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Foreign investment in retail hasshown a tremendous growth inIndia since a couple of years.

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There have been several countriesin which retail chain giants havetotally wiped out small scalegrocery shops.

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The government agreed to take all political steps required to safeguard the interest of smallscale retailers.

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Solution

The correct option is D
The government agreed to take all political steps required to safeguard the interest of smallscale retailers.

The main effect of small grocery owners a day`s strike will be that the government agreed to take all political steps required to safeguard the interest of small scale retailers.

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Similar questions

Small grocery shop owners have gone on a day's strike in order to protest against the entry of a foreign retail store chain in the city.

Which of the following can be a possible effect of the above statement?

Q. Read the following passage carefully and answer the given questions. Certain words/phrases are given in bold to help you locate them while answering some of the questions.
Which of the following have been the arguments for setting up big retail stores in India?
A. The retail chains would sell the farmers' produce at a comparatively higher price than the smaller shops so as to improve the farmers' profit.
B. The retail chains would drive the middlemen out of the system, thus improving farmers' profit margin.
C. Big retail chains in the west have been taking strides of growth and have been benefiting the farmers.
D. The big retail chains would provide an organised market which would bring about growth in the rural areas.

Are market traders small retailers who open their shops at different places on fixed days?

Q. Which policy allowed foreign companies to set up retail shops to sell goods in India?

Q. Which of the following policies allows foreign companies to set up retail shops to sell goods in India?

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