Question : Which of the following are the parts of structural reform measure of new economic policy?
 

Option 1: Controlling inflation by keeping the rising prices under control.
 

Option 2: Improving efficiency of the economy.
 

Option 3: Controlling weaknesses of the balance of payments by maintaining sufficient foreign exchange reserves.
 

Option 4: All of the above.
 

Question : A decrease in the real exchange rate implies:

Option 1: Increased competitiveness of domestic goods in the international market.
 

Option 2: Reduced competitiveness of domestic goods in the international market.
 

Option 3: Increased inflation in the domestic economy.

Option 4: Reduced inflation in the domestic economy.

Question : The 1991 economic policy in India aimed to address:

Option 1: Increasing government control in the economy

Option 2: High inflation and fiscal deficit

Option 3: Excessive privatization of public enterprises

Option 4: Declining foreign direct investment (FDI)

Question : It involves improving process, reducing wastage, increasing yield and bringing technical progress by altering labour capital ratio.
Which need for entrepreneurship is highlighted here?
 

Option 1: Improvement in economic efficiency
 

Option 2: Increasing spectrum and scope of economic activities
 

Option 3: Impact on local communities
 

Option 4: Capital formation
 

Question : What was one effect of the East India Company's revenue policies on the rural economy?

Option 1: Diversification of crops
 

Option 2: Stabilization of land prices
 

Option 3: Decrease in agricultural loans

Option 4: Consolidation of landholdings