New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Nissan automobile has been embroiled in a legal battle

    with a state government in India over the issue of incentive to be paid. The state Government is
    A Haryana Correct Answer Incorrect Answer
    B Punjab Correct Answer Incorrect Answer
    C Maharashtra Correct Answer Incorrect Answer
    D Gujarat Correct Answer Incorrect Answer
    E Tamil Nadu Correct Answer Incorrect Answer

    Solution

    Japanese automobile maker Nissan has been fighting a legal battle with Tamil Nadu over incentive to be paid to the tune of $770 mn. It has also approached international arbitration using the provision of Comprehensive Economic Partnership Agreement (CEPA) between India and Japan.  

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