Font size
WorksheetsLPG policy
Total questions: 10
Worksheet time: 6mins
Liberalization implies:
Greater role of public sector
Free economy with no control
reduction in government control over the private sector
none of these
Economic reform in India were initiated in the year
1990
1993
1995
1991
Which of the following is not an element of fiscal reforms?
Taxation reform
public expenditure reform
change in rate of interest
control on public debt
External sector reforms under NEP included:
Foreign exchange reform
Foreign trade policy reforms
Both (a) and (b)
none of these
Which of the following is the strategy to promote globalization of the India Economy?
Partially convertibility
Reduce in tariffs
Increase the equity limit of foreign investment
all of these
Tax reforms are the principle component of (a) reforms
Industrial sector reforms under the NEP comprised which of the following?
Abolition of industrial licencing
De-reservation of production areas
contraction of public sector
all of these
Which of the following is an example of indirect tax?
income tax
wealth tax
goods and services tax
None of these
New economic policy implied replacement of LQP by LPG
true
false
Fiscal deficit leads to price spiral
false
true
