Economic Reforms in India
Economics ⇒ Indian Economy
Economic Reforms in India starts at 11 and continues till grade 12.
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Describe the impact of economic reforms on India's foreign trade.
Describe the impact of economic reforms on the Indian banking sector.
Discuss the impact of economic reforms on employment in India.
Discuss the role of foreign direct investment (FDI) in the Indian economy after the 1991 reforms.
Explain the impact of economic reforms on poverty in India.
Explain the impact of economic reforms on the small-scale industries sector in India.
Explain the role of the World Trade Organization (WTO) in the context of Indian economic reforms.
Explain the term 'Disinvestment' in the context of Indian economic reforms.
In which year were the major economic reforms, also known as the New Economic Policy, introduced in India? (1) 1985 (2) 1991 (3) 2000 (4) 1975
Which institution played a major role in providing financial assistance to India during the 1991 economic crisis? (1) World Bank (2) IMF (3) WTO (4) ADB
Which of the following is a direct result of globalisation in India? (1) Increase in import tariffs (2) Decrease in foreign investment (3) Entry of multinational companies (4) Nationalisation of industries
Which of the following is an example of liberalisation in India? (1) Nationalisation of banks (2) Removal of industrial licensing (3) Increase in import duties (4) Restriction on FDI
Fill in the blank: The New Economic Policy of 1991 aimed to shift the Indian economy from a ________ economy to a market-oriented economy.
Fill in the blank: The policy of ________ allowed Indian companies to access foreign technology and capital more easily after 1991.
Fill in the blank: The process of allowing private sector participation in public sector enterprises is called ________.
Fill in the blank: The process of integrating the Indian economy with the world economy is known as ________.
State whether the following statement is True or False: Economic reforms in India led to an increase in foreign direct investment (FDI).
State whether the following statement is True or False: Economic reforms in India led to the abolition of the MRTP Act.
State whether the following statement is True or False: Economic reforms in India led to the reduction of subsidies in many sectors.
True or False: After the 1991 reforms, the Indian rupee was made fully convertible on the capital account.
