Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

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

Question:

Which of the following was given attention as part of the liberalization policy adopted by India in 1991?

a. Deregulation of the Industrial Sector

b. Financial Sector Reforms

c. Tax Reforms

d. Foreign Exchange Reforms

e. Trade and Investment Policy Reforms.

f. Disinvestment

g. Outsourcing

Options:

a, b, e and g

a, e, f and g

a, b, c, d and e

a, b, c, d, e ,f and g

Correct Answer:

a, b, c, d and e

Explanation:

Liberalization measures included: Deregulation of the Industrial Sector, Financial Sector Reforms, Tax Reforms, Foreign Exchange Reforms, and Trade and Investment Policy Reforms.

Disinvestment was part of the Privatisation process.

Outsourcing is related to globalization.