Question : What does 'L' stand for in the LPG strategy of 1991?
Option 1: Legislative
Option 2: Landmark
Option 3: Liquid
Option 4: Liberalisation
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Correct Answer: Liberalisation
Solution : The correct answer is Liberalisation.
The 'L' in the LPG strategy of 1991 stands for liberalisation. And P for privatisation and G for globalization. The Indian Government embraced a series of economic measures in 1991 known as the LPG strategy, or New Economic Policy (NEP), to reduce government intervention in the market and promote faster economic growth.
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Question : What does 'F' stand for in the FRBM Act, 2003 of the Indian economy?
Option 1: Fiscal
Option 2: Financial
Option 3: Freedom
Option 4: Functional
Question : In MUDRA Yojana, what does 'M' stand for?
Option 1: Macro
Option 2: Money
Option 3: Micro
Option 4: Multi
Question : What chemical element does ' N ' stand for in the periodic table?
Option 1: Neptunium
Option 2: Nitrogen
Option 3: Neon
Option 4: Neodymium
Question : GDP is an indicator of a country's economy. What does 'D' in GDP stand for?
Option 1: Development
Option 2: Domestic
Option 3: Dividend
Option 4: Deficit
Question : What does F stand for in the FRBM Act, 2003 of the Indian economy?
Option 1: Financial
Option 2: Fiscal
Option 3: Functional
Option 4: Freedom
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