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WorksheetsLPG 1991
Total questions: 12
Worksheet time: 7mins
What involves reducing government regulations in the economy to promote competition, innovation and economic growth?
Urbanization
Liberalisation
Globalization
Privatisation
Efficiency & Modernization are the __________ of LPG.
Objectives
Features
Pillars
Scope
Through what Indian economic policies have reshaped?
Liberalisation, Privatisation, Urbanization
Liberalisation, Privatisation, Organisation
Liberalisation, Urbanization, Globalization
Liberalisation, Privatisation, Globalization
True or False:- Income Inequality, Job Displacement, Dependency on Global Markets, Environmental Degradation and Cultural Homogenisation are the disadvantages of LPG.
True
False
When did the LPG reforms start in India?
1991
1992
1990
1897
Under whose leadership was LPG implemented?
P. V. Narasimha Rao
Atal Bihari Vajpayee
Indira Gandhi
P. V. Sindhu
FEMA & FERA stands for?
Foreign Exchange of Management Act & Foreign Executives of Regulation Act
Foreign Exchange Management Act & Foreign Exchange Regulation Act
Foreign Exchange of Marketing Act & Foreign Exchange Regulations Act
Foreign Exchange of Media Act & Foreign Exchange of Registration Act
True or False:- Economic growth, Foreign Direct Investment, Export Growth, Consumer Choice, Technological Advancement are the disadvantages of LPG.
True
False
What is Globalisation?
The corresponding decrease in the proportion of people living in rural areas, and the ways in which societies adapt to this change.
A transition that takes a company from being publicly traded to becoming privately held.
The growing connection and integration of countries through trade, technology, and cultural exchange.
The process of relaxation of trade rules and regulations of a country by the government which paves the way for economic growth and development.
Select 2 main elements of Privatisation.
Disinvestment of Public Sectors
Disinvestment of Private Sector
Dereservation of Public Sector
Dereservation of Private Sector
Reduction in the role of the public sector and increase in the role of the private sector is?
Industrialization
Privatisation
Globalization
Liberalisation
In India the concept of privatisation gained importance, specially in the post reform period i.e. since _______.
1930
1990
1947
1991
