With a 2013 GNI per capita of $1,570, India has transitioned out of the low-income category and is now classified as an upper-middle-income country, also known as an industrializing or developing country

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FALSE

Business

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Unions tend to negotiate rewards that are across-the-board or are based on seniority, not individual performance

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Business

The Glass-Steagall Act was imposed to allow commercial and investment banks to combine and work together

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Business