WorksheetsLPG
Total questions: 13
Worksheet time: 3mins
deficit in balance of payments arises when foreign payments for ______________ exceeds foreign receipts from _________________.
import, export
export , import
economic reforms have _______ the role of the public sector.
increased
reduced
_______ means removal of entry and growth restrictions on the private sector.
liberalisation
privatisation
globalisation
in the industrial sector reforms, the number of industries, exclusively reserved for the public sector reduced from 17 to ________ industries.
3
4
5
6
as per the financial sector reform, the role of RBI was reduced from __________ to facilitator of financial sector.
regulator
controller
the aim of _____________ is to integrate the indian economy with the world economy.
liberalisation
globalisation
privatization
__________ refers to contracting out some of its activities to a third party which were earlier performed by the organization.
outsourcing
privatisation
india has become a favourable destination of outsourcing for most of the MNC's because of low__________ and availability of ______________ .
wage rate, skilled manpower.
skilled manpower , wage rate
taxes are of two types:____________ taxes and _______________.
income and corporate
direct , indirect
___________________ means transfer of ownership , management and control of public sector enterprises to entrepreneurs in the private sector.
liberalisation
privatisation
globalisation
_________________ refers to the reduction in the value of domestic currency by the government.
devaluation
revaluation
disinvestment is an example of _____________ in India.
privatisation
liberalisation
globalisation
the new economic policy was announced in the year________
1990
1991
1992
