New Economic Policy Of 1991 Quiz 2 (25 MCQs)

Quiz Instructions:

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1. Laissez-faire policy is that in which

2. Which of following is not a part of Liberalisation?

3. Trade between two contries is known as

4. Which of following is not a major component of new economic policy?

5. 'Make in India' is an example of

6. Reforms in indirect taxes categorised into:

7. _____ refers to disposal of equity of public sector units in the market.

8. RBI WAS SETUP IN

9. Outsourcing is good for India because:

10. Since 1951, India has been _____ economy.

11. When was new economic policy announced?

12. Which of the following was not a feature of Demonetisation?

13. _____ involves deregulation and reduction of government controls and greater autonomy of private investment to make economy more competitive.

14. HEAD OFFICE OF WTO IS LOCATED IN

15. Which international organisation replaced general agreement on trade and tariff (GATT):

16. _____ refers to reduction in the value of domestic currency by the government

17. The policy of planned disinvestments of the public sector

18. Structural reforms are also known as

19. Which Macroeconomic stabilization measures were taken in 1991?

20. Trade between two countries is known as:

21. After Independence, India had adopted _____

22. Reduction of Import Duty is part of

23. Abolition of export duty is part of

24. Abolishing licensing requirement in most of the industries is example of

25. Find the odd word out:Liberalization dealt with the following-