Indian and Global Economic Development MCQs

M

Mr. Dubey • 51.17K Points
Coach

Q 1. Under the industrial policy of 1991, the number of industries reserved for the public sector have been reduced from 17 to

(A) 8
(B) 6
(C) 3
(D) 5
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M

Mr. Dubey • 51.17K Points
Coach

Q 2. LPG stands for

(A) Liberalisation, Privatisation, Globalisation
(B) Liberalisation, Performance, Globalisation
(C) Liberalisation, Privatisation, Growth
(D) Liberalisation, Performance, Growth
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M

Mr. Dubey • 51.17K Points
Coach

Q 3. The economic reforms were intended to take the Indian economy into three specific directions which are

(A) LPG
(B) DPG
(C) LDG
(D) DLP
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M

Mr. Dubey • 51.17K Points
Coach

Q 4. Increase in aggregate output of goods and services

(A) Economic development
(B) Economic planning
(C) Economic growth
(D) Economy
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M

Mr. Dubey • 51.17K Points
Coach

Q 5. In which among the following year was ‘liberalized industrial policy’ in India was announced for the first time?

(A) 1992
(B) 1995
(C) 1991
(D) 1996
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M

Mr. Dubey • 51.17K Points
Coach

Q 6. Which of the following is also known as International Bank for Reconstruction and Development?

(A) IMF
(B) RBI
(C) WTO
(D) World Bank
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M

Mr. Dubey • 51.17K Points
Coach

Q 7. As a result of the New Industrial Policy, 1991:

(A) Prior approval of central government is required for establishing new undertakings, and expanding the present undertaking.
(B) An industry intending to have more than 100 crores of assets is required to obtain the permission of the central government.
(C) ---
(D) ---
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M

Mr. Dubey • 51.17K Points
Coach

Q 8. At present, in which sector 100 per cent FDI is allowed in India?

(A) Defense
(B) Drugs and pharmaceuticals
(C) Banks
(D) Insurance
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M

Mr. Dubey • 51.17K Points
Coach

Q 9. At present there are only _________ industries for which licensing are compulsory.

(A) 18
(B) 3
(C) 10
(D) 9
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M

Mr. Dubey • 51.17K Points
Coach

Q 10. At present only __________ industries are reserved for the public sector.

(A) 5
(B) 7
(C) 8
(D) 3
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