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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.
 


Team Careers360 9th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Controlling weaknesses of the balance of payments by maintaining sufficient foreign exchange reserves.
 


Solution : Stabilisation measures involves

  1. Controlling inflation by keeping the rising prices under control.
  2. Controlling weaknesses of the balance of payments by maintaining sufficient foreign exchange reserves.

Structural reform measures involves-

  1. Improving efficiency of the economy.
  2. Increasing international competitiveness by removing the rigidities in various segments of the Indian Economy.

Hence, Option C is correct.

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