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Match List I with List II: List-I: (a) Conglomerate, (b) Golden handshake, (c) Blue Chip, (d) Laissez Faire List-II: (i) A company that has acquired interest in different industries by taking over or merging with other companies, (ii) An economic system in which transactions between private groups are free from any form of economic interventionism, (iii) An employment agreement which states that the employer will provide a significant severance package if the employee loses their job, (iv) Stock in a corporation with a national reputation for quality, reliability, and the ability to operate profitably in good and bad times Choose the correct answer from the options given below:

HPPSC Β· 2022 Β· GS1
Question:
Match List I with List II: List-I: (a) Conglomerate, (b) Golden handshake, (c) Blue Chip, (d) Laissez Faire List-II: (i) A company that has acquired interest in different industries by taking over or merging with other companies, (ii) An economic system in which transactions between private groups are free from any form of economic interventionism, (iii) An employment agreement which states that the employer will provide a significant severance package if the employee loses their job, (iv) Stock in a corporation with a national reputation for quality, reliability, and the ability to operate profitably in good and bad times Choose the correct answer from the options given below:

Options

(1) (a-iii) (b-ii) (c-i) (d-iv)
(2) (a-ii) (b-iii) (c-i) (d-iv)
(3) (a-i) (b-iii) (c-iv) (d-ii)
(4) (a-ii) (b-i) (c-iv) (d-iii)
Answer: (3) (a-i) (b-iii) (c-iv) (d-ii)

Explanation:
Conglomerate is a company that has acquired interests in different industries through mergers/takeovers (i). Golden handshake is an employment agreement providing a significant severance package if an employee is let go (iii). Blue Chip refers to stock of a company with national reputation for quality, reliability and stable profitability in all economic conditions (iv). Laissez Faire is an economic doctrine/system where private transactions are free from government interventionism (ii). Hence correct match: (a-i), (b-iii), (c-iv), (d-ii).

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