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Home Questions 6TYZEUM4R9
Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Liberalisation, Privatisation and Globalisation - An Appraisal

Question:
What type of restrictions were fully removed from imports of manufactured consumer goods and agricultural products in 2001?
Options:
Tariffs
Quantitative restrictions
Import quotas
import duties
Correct Answer:
Quantitative restrictions
Explanation:
In 2001, quantitative restrictions on imports of manufactured consumer goods and agricultural products were fully removed. This aimed to open up the market and promote competition.

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