What Relatively Recent Change Has Undermined the Economic Basis of the Indian

question 45

Multiple Choice

What relatively recent change has undermined the economic basis of the Indian caste system?

• A) cash payments for services
• B) democratic elections
• C) public education
• D) marriage between castes

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Definitions:

Periodic Instalment

Regular, scheduled payments made over time to repay a debt.

Unpaid Balance

The remaining amount of money that has not been paid on a loan or debt.

Contingent Liability

A potential financial obligation that depends on a future event that is not certain to happen.

ASPE

Accounting Standards for Private Enterprises; a set of accounting principles and guidelines designed specifically for private companies in Canada.