Practicing Success

Target Exam

CUET

Subject

Political Science

Chapter

Contemporary World Politics: End of Bi-Polarity

Question:

Match List I with List II

LIST I

LIST II

A. Mikhail Gorbachev

I. Economic model

B. Shock Therapy

II. Perestroika and Glasnost

C. Boris Yeltsin

III. Military Pact

D. Warsaw Pact

IV. President of Russia

Choose the correct answer from the options given below:

Options:

A-II, B-I, C-IV, D-III

A-III, B-II, C-I, D-IV

A-I, B-III, C-IV, D-I

A-IV, B-II, C-I, D-III

Correct Answer:

A-II, B-I, C-IV, D-III

Explanation:

The correct answer is option (1) - A-II, B-I, C-IV, D-III

Correct Match:

LIST I

LIST II

A. Mikhail Gorbachev

II. Perestroika and Glasnost

B. Shock Therapy

I. Economic model

C. Boris Yeltsin

IV. President of Russia

D. Warsaw Pact

III. Military Pact

Explanation:

Mikhail Gorbachev, who assumed the role of the last leader of the Soviet Union from 1985 to 1991, is renowned for ushering in a transformative era characterized by innovative economic and political reforms encapsulated in "perestroika" (restructuring) and "glasnost" (openness). His leadership marked a pivotal shift in the Cold War dynamic, as he actively worked to halt the arms race with the United States and initiated the withdrawal of Soviet troops from Afghanistan and Eastern Europe.

The collapse of communism was followed in most of these countries by a painful process of transition from an authoritarian socialist system to a democratic capitalist system. The model of transition in Russia, Central Asia and east Europe that was influenced by the World Bank and the IMF came to be known as ‘shock therapy’. Each of these countries was required to make a total shift to a capitalist economy, which meant rooting out completely any structures evolved during the Soviet period- collective farming, public ownership of property, state controlled economy etc.

Boris Yeltsin (1931-2007) was the inaugural democratically elected President of Russia, serving from 1991 to 1999.

The Warsaw Pact was a political and military pact of Eastern Bloc countries, led by the Soviet Union, created in response to the formation of NATO (North Atlantic Treaty Organization) by Western countries. It was established to counter the influence and military presence of Western powers in Europe during the Cold War.