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New Economic Policy Of 1991 Quiz 1 (25 MCQs)

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1. WHICH OF THE FOLLOWING INDUSTRIES ARE RESERVED FOR THE PUBLIC SECTOR
2. Mudra Bank was set up to meet the credit needs of the:
3. Reforms related to revenue and expenditure of government is termed as
4. Liberalisation means a system of laissez-faire
5. Which of the following reforms were initiated under liberalisation by Govt
6. Which of following step is not taken by the government to execute policy of privatisation?
7. Which of following step is taken by the government to execute policy of privatisation?
8. The recent demonetization took place in
9. Frequent fixing the price of goods and services is part of
10. Choose the correct alternative showing chronological order of the following eventsi. establishments of GATTii. Demonetisation in Indiaiii. Maharatna status to different companies.iv. Foreign Exchange Management Act
11. Assertion (A) Post liberalization, the sale of domestic goods has increaded.Reasoning (R) The demand for imported goods had increased due to liberal policy.
12. All indirect taxes have been subsumed under:
13. LPG policy focused on
14. Which of following is a part of Globalisation?
15. Outsourcing is an off-shoot of:
16. Which of the following is not a benefit of demonstration in India?
17. What was the main reason for increase in import price during 90s?
18. _____ refers to the transfer of assets or services function from public to private ownership.
19. Recently there are how many types of GST in India?
20. Which one of the following measure was taken to reduce inflation.
21. WTO was established in the year
22. Liberalisation implies
23. When was IRDA Act was passed?
24. What was the limit on companies Assets under MRTP Act?
25. Who was the Prime Minister in 1991 to take bold and significance decision
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