Practice Reforms in labour and tax laws - 4.10.3 | Chapter 4: Globalisation and Recent Trends in Business | ICSE Class 12 Business Studies
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4.10.3 - Reforms in labour and tax laws

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What does GST stand for?

πŸ’‘ Hint: Think about a comprehensive tax system.

Question 2

Easy

What is one benefit of labour law reforms?

πŸ’‘ Hint: Consider how it affects businesses.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is one of the purposes of labour law reforms?

  • Increased bureaucracy
  • Enhanced compliance
  • Isolation of businesses

πŸ’‘ Hint: Consider how these reforms affect business operations.

Question 2

True or False: GST is an indirect tax.

  • True
  • False

πŸ’‘ Hint: Think about how taxes are applied in business transactions.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Evaluate how the introduction of GST might change the competitive landscape for local vs. foreign businesses.

πŸ’‘ Hint: Consider changes in compliance burdens.

Question 2

Discuss the potential drawbacks of increased flexibility in labour laws from a worker's perspective.

πŸ’‘ Hint: Think about how changes impact individual workers.

Challenge and get performance evaluation