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WorksheetsNew Economic Policy 1991
Total questions: 10
Worksheet time: 4mins
Who was the Prime Minister in 1991 to take bold and significance decision
Atal Bihari Vajpayee
P.V. Narasimha Rao
Rajiv Gandhi
Lal Bahadur Shastri
1. Which Macroeconomic stabilization measures were taken in 1991?
Control of inflation
Fiscal correction
Improvement in BOP
All of the above
1. What was the main reason for increase in import price during 90s?
Increase in crude oil prices
War with Pakistan
Demonetization
Non availability of solar vehicle’s
1. Structural reforms are also known as
Infrastructural development
Supply side management
1. What is the full form of LPG?
Liberty Prosperity Governance
Low Poverty Goals
Liberalization Privatization Globalization
Long Performance Goals
1. What was the limit on companies Assets under MRTP Act?
80 crores
150 crores
120 crores
100 crores
1. When was IRDA Act was passed?
1995
1999
2000
2010
1. Industrial sectors reforms are
Abolition of industrial licensing
Reduced the role of public sector
Removal of MRTP limit
All of the above
1. Since 1951, India has been ______ economy.
Socialist
Mixed
Capitalist
Feudalistic
1. Which one of the following measure was taken to reduce inflation.
Reduction of CRR and SLR
Increase in CRR and SLR
Lowering of exports
None of the above
