Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
Export Duties Post-Reform
After reforms, export duties have been:
- Increased significantly
- Removed to increase competitive position of Indian goods — Correct Answer
- Kept at the same level
- Applied only to agricultural products
Explanation:
Correct Answer Explanation
Export duties have been removed to increase the competitive position of Indian goods in international markets.
Key Points:
- Part of the trade policy reforms.
- India is now a successful exporter of auto parts, pharmaceuticals, engineering goods, IT software, textiles.
📚 About this Topic — CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL
This multiple choice question is from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL to strengthen your preparation.
