Future Group Calls India GST a Win-Win for Everyone

Future Group Calls India GST a Win-Win for Everyone

Assessment

Interactive Video

Business

University

Hard

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The video discusses the introduction of GST in India, highlighting its transformative impact on the economy by formalizing business practices. While the long-term benefits are promising, short-term challenges exist, particularly in adapting supply chains and vendor relationships. The GST is compared to demonetization, noting differences in public acceptance and economic impact. The discussion also covers consumer pricing, with expectations of reduced prices for some goods due to the new tax regime.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the long-term expectations regarding the impact of the GST reform on the Indian economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the introduction of GST affected relationships with vendors and supply chains?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are people facing in adapting to the new GST system?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker believe GST is different from the demonetization process?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected changes in product prices due to the GST implementation?

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