Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

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

Question:

Which of the following is a short-term policy measure taken to improve the BoP situation in an economy?

Options:

Reconstruction measures

Planned measures

Stabilisation measures

Developmental measures

Correct Answer:

Stabilisation measures

Explanation:

Stabilisation measures are shortterm measures, intended to correct some of the weaknesses that have developed in the balance of payments and to bring inflation under control.