Which of the following are post-liberali

CUET Preparation Today

Start Free Mocks

Home Questions Q6A8NKPQVA

Target Exam

CUET

Subject

Sociology

Chapter

Social Change and Development in India: Change and Development in industrial Society

Question:

Which of the following are post-liberalisation developments in India?

(A) Ikea store in Hyderabad
(B) ICICI-Lombard selling insurance
(C) HYV seeds
(D) MTV

Choose the correct answer from the options given below:

Options:

(A), (B) and (D) only

(A), (B) and (C) only

(A), (C) and (D) only

(B), (C) and (D) only

Correct Answer:

(A), (B) and (D) only

Explanation:

The correct answer is Option (3) → Ikea store in Hyderabad

(A) Ikea store in Hyderabad: Ikea's entry into India is a result of liberalization policies that opened up the retail sector to foreign direct investment (FDI).
(B) ICICI-Lombard selling insurance: The insurance sector in India was liberalized in the early 2000s, allowing private and foreign companies to enter, including ICICI-Lombard.
(C) HYV (High Yielding Variety) seeds: The introduction of HYV seeds was part of the Green Revolution in the 1960s and is not directly related to the post-liberalization period (which began in 1991).
(D) MTV: The launch of MTV India in the 1990s is an example of cultural globalization and the influence of liberalization on media and entertainment.