The economic reforms were intended to take the Indian economy into three specific directions which are

Related MCQs

• Indian economy today is a i. Developing economy ii. Emerging economy iii. Dual economy iv. Non-agricultural economy
• All of the following developments were noticed during 1991 (when economic reforms were enforced) except one. Identify it.
• Which of the following is true: A. Development of sufficient and quality infrastructure helps in economic development by facilitating production and investment in any economy. B. shortage of these facilities in underdeveloped countries is the main cause of less economic development
• What are the real problems of the Indian agriculture? I. Dependence on Erratic Monsoon II. Low productivity III. Constraints of financial resources and indebtedness IV. Lack of land reforms V. Small land size and fragmentation of landholdings
• Mixed economy means an economy where there is
• Which of the following is true: A Economic infrastructure means those basic facilities B. services which directly benefit the process of production and distribution of an economy
• Which sector is the backbone of Indian economy?
• The characteristic features of Indian Agriculture are: 1. Labour surplus economy 2. Structural unemployment 3. Large size of land holding 4. Traditional technology of production Which statements are correct?
• Consider the following statements and identify the right ones. i. During independence, Indian economy was heavily dependent on the tertiary sector ii. Development of industrial and services sector was not limited.
• Consider the following statements and identify the right ones. i. The 1980 industrial policy emphasized "economic federalism" ii. Liberal license policies were advocated for agro-based industries