Economic reform measures in India were formally introduced in ________.
Prime Minister P.V. Narsimha Rao and Finance Minister Manmohan Singh began the economic reform process in July 1991.
There was significant opposition to the reforms, but both Rao and Singh continued the reforms.
English
80 Questions
160 Marks
60 Mins English English20 Questions40 Marks12 Mins English English80 Questions160 Marks60 Mins EnglishWhich organisation’s support was crucial in India’s globalisation post-1991 crisis?
How did globalisation affect India’s economic growth?
Liberalisation reduced government control over economic activities. What did liberalisation in 1991 primarily aim to eliminate?
Which policy reform targeted improving competitiveness and efficiency of the banking system after 1991?
Per capita income is an indicator of economic development. What happened to India’s per capita income post 1991 economic reforms?
The 1991 economic reforms in India led to rapid industrialisation and expansion of energy-intensive sectors. Which market-based mechanism has India adopted to balance industrial growth, energy efficiency and emissions?
Financial inclusion has been a major goal of post-1991 economic reforms in India. Which of the following flagship schemes was launched in 2014 to promote financial inclusion through universal access to banking facilities?
Privatisation can be partial, involving minority shareholding by the private sector. What is the government's shareholding threshold in a PSU for it to be considered privatised?
The exchange rate system was reformed to reflect market conditions. What type of exchange rate regime did India adopt post-1991?
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