Indian and Global Economic Development MCQs and Notes
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Q 1. Under the industrial policy of 1991, the number of industries reserved for the public sector have been reduced from 17 to
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Q 2. LPG stands for
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Q 3. The economic reforms were intended to take the Indian economy into three specific directions which are
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Q 4. Increase in aggregate output of goods and services
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Q 5. In which among the following year was ‘liberalized industrial policy’ in India was announced for the first time?
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Q 6. Which of the following is also known as International Bank for Reconstruction and Development?
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Q 7. At present, in which sector 100 per cent FDI is allowed in India?
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Q 8. At present there are only _________ industries for which licensing are compulsory.
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Q 9. At present only __________ industries are reserved for the public sector.
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Q 10. All of the following developments were noticed during 1991 (when economic reforms were enforced) except one. Identify it.
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