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Question

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?


A

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

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B

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

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C

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

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D

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

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E

A recent survey indicated that alarge number of people prefer tobuy their daily grocery items fromthe nearby grocery stores ratherthan big retail chain stores.

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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 a day's strike of the small grocery owners can be that the government agreed to take all political steps required to safeguard the interest of small scale retailers.


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