Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

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

Question:

Which of the following are long term measures aiming at improving efficiency of the economy and increasing its international competitiveness?

Options:

Situational reforms

Structural reforms

Seasonal reforms 

Economic reforms

Correct Answer:

Structural reforms

Explanation:

Structural reform policies are long-term measures, aimed at improving the efficiency of the economy and increasing its international competitiveness by removing the rigidities in various segments of the Indian economy.