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Which country announced new rules under which profit tutoring in core school subjects has been barred to ease financial pressures on families?
A)
India
B)
China
C)
USA
D)
Japan

Correct Answer : Option (B) - China


China announced new rules under which profit tutoring in core school subjects has been barred to ease financial pressures on families. China’s private educational firms are bracing for a hit after the announcements were made. The rule changes sent shockwaves across the country’s private tutoring sector triggering a sell-off in the shares of the educational companies which includes the US-listed Gaotu Techedu and TAL Education Group.

Published On : July 27, 2021
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