Tag: structural changes in indian economy after liberalization

Questions Related to structural changes in indian economy after liberalization

Encouragement of Foreign Direct Investment & removal of Quantitative Restrictions are both parts of ___________________.

economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

  1. Industrial Reforms in India

  2. External Sector Reforms in India

  3. Land Reforms in India

  4. Banking Reforms in India

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Correct Option: B

Inspite of the Economic Reforms already carried out in India, there is a further need for ___________________.

economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

  1. Better industrial deregulation

  2. Improvement in Fiscal Discipline

  3. Increase in growth of Infrastructure

  4. All of the above

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Correct Option: D

The Economic Reforms in India have failed to -

economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

  1. Keep fiscal deficits to the targeted levels

  2. Fully implement industrial deregulation

  3. Fully open the economy to trade

  4. All of the above

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Correct Option: D

Which one of the following statements about the National Agricultural Insurance Scheme (NAIS) is not correct ?

economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

  1. It was introduced from Rabi 2000-2001 season

  2. It replaced the Comprehensive Crop Insurance scheme (CCIS) which was in operation since 1985

  3. It envisages coverage of all the food crops , oilseeds and annual commercial horticultural crops in respect of which past yield data is available for adequate number of years

  4. Among the commercial horticultural crops, eleven crops are correctly covered under the scheme

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Correct Option: A
Explanation:

The National Agriculture Insurance Scheme was introduced from Rabi-season 1999-2000.the new scheme is available to all the farmers-Loances and non-Loanee-irres-pective of their size of holdings.It envisages coverage of all the food crops ( cereals , millers, and pulses). Oilseeds and annual horticultural / commercial crops , in respect of which past yield data is available for adequate number of years among the annual commercial / horticulture crops, namely, sugarcane,potato, ginger, onion-turmeric, and chillies are covered.