question_answer

Direction: Read the given statements carefully and answer the questions which follow.

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

Which of the following statements can be an EFFECT of the statement given above?

A) The small grocery shop owners perceive the big retail giants as sharks, trying to dominate the available market space.

B) Foreign investment in retail has shown a tremendous growth in India since a couple of years.

C) There have been several countries in which retail chain giants have totally wiped out small scale grocery shops.

D) The government agreed to take all political steps required to safeguard the interests of small scale retailers.

E) A recent survey indicated that a large number of people prefer to buy their daily grocery items from the nearby grocery stores rather than big retail chain stores.