Chapter 3 ECONOMIC REFORMS SINCE 1991

In 1991 India met with an economic crisis relating to its.........

• Defense budget

• Internal debt

• external debt

• Administration expenditure

The origin of the financial crisis can be traced from the inefficient of the Indian economy in the ................

• 1991

• 1948

• 1951

• 1980

What is full form of IBRD ?

• International Bank for Reconstruction and Development

• International Bank for Rehabilitation and Development

What is popular name of IBRD ?

• International Monetary Fund

• World Trade Organization

• World Bank

• Asian Development Bank

In 1991 India agreed to the conditionalities of World Bank and IMF and announced the ....................

• New Development Policy

• New Educational Policy

• New Agricultural Policy

• New Economic Policy

The Financial sector in India is controlled by the ............................

Through a few liberalization measures were introduce in 1980 in the area of ..............

• Industrial Licensing

• Export-import policy and Fiscal Policy

• Technology up-gradation

• Foreign Investment

• All of these

The major aims of financial sector reforms is to reduce the role of RBI from.....................

• Facilitator to regulator

• Regulator to controller

• regulator to facilitator

• controller to regulator

According to New Economic Policy 1991 What was the limit of foreign Investment in Indian banks?

• 50%

• 100%

• 79%

• 25%

What is full form of FII

• Foreign Investment Institute

• Foreign Institutional Investment