In context of LPG reforms ushered in the Indian economy AFTER 1991, consider the following statements:
1. The reform policies led to the establishment of private sector banks, Indian as well as foreign.
2. The financial sector was allowed to take decisions on many matters without consulting the RBI.
3. Foreign Institutional Investors (FIIs) were denied permission to invest in Indian financial markets.
Which of the statement(s) given above is/are correct?
More Questions Selected Just For You. Attempt Now!
In context of Indian Economy, New Economic Policy (NEP) announced in 1991 by the central government consisted of wide-range of economic reforms which included:
1. Removal of trade restrictions.
2. Promoting overall competitiveness by removing rigidities in various central ministries.
3. Bringing inflation under control.
4. Increasing the output of goods and services.
Which of the statement(s) given above is/are correct with reference to New Economic Policy?
Poverty is the lack of income and productive resources to ensure sustainable livelihoods. Which among the following are tools/methods used for estimation of poverty in India?
1. Sen Index
2. Poverty Gap Index
3. Gini Coefficient
4. Inverted Poverty Gap
Select the correct answer using the code given below:
Which of the following should be the focus areas in order to bring about comprehensive rural development in India?
1.
Consider the following statements:
1. In 1991, as an immediate measure to resolve the balance of payments crisis, the rupee was devalued against foreign currencies.
2. Devaluation is done in order to encourage imports and increase the inflow of foreign currency in an economy.
Which of the statement(s) given above is/are correct?
In 1950, the Planning Commission was set up with the Prime Minister as its Chairperson. The era of five-year plans had begun. Which of the statements given below correctly defines the goals of the five-year plans?
1.
In 1991, Indian government introduced a new set of policy measures which changed the direction of our economy. Which among the following were immediate reasons for such a landmark decision?
1.
Arrange the following sources of earning of Union Government of India in decreasing order:
1. Custom duties.
2. Non-Tax Revenue.
3. Non-Debt Capital Receipts.
4. Union Excise Duties.
Select the correct answer using the code given below.
With reference to Indian economy, which among the following were the measures undertaken by Indian Government to bring about revolution in agriculture?
1.
The Budget documents presented to the Parliament, besides the Finance Minister’s Budget Speech, include:
1. Expenditure Budget.
2. Receipt Budget.
3. Expenditure Profile.
4. Output Outcome Monitoring Framework.
Select the correct answer using the code given below.
Money is accepted as a medium of exchange because the given currency is authorised by the government of the country. Which among the following are modern forms of money/currency?
1.