Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

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

Question:
What has been the trend in the growth of GDP in India post-1991?
Options:
Fluctuating growth rates
Declining growth rates
Rapid and continual growth
Stagnant growth
Correct Answer:
Rapid and continual growth
Explanation:
Post-1991, India witnessed a rapid growth in GDP on a continual basis for two decades. The growth rate increased from 5.6% during 1980-91 to 8.2% during 2007-12.