Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
Structural Reforms Definition
Structural reform policies are:
- Short-term measures to control inflation
- Long-term measures aimed at improving efficiency and international competitiveness — Correct Answer
- Measures to increase government spending
- Policies for agricultural subsidies only
Explanation:
Correct Answer Explanation
Structural reform policies are long-term measures aimed at improving efficiency of the economy and increasing its international competitiveness.
Key Points:
- They remove rigidities in various segments of the economy.
- In contrast, stabilisation measures are short-term, correcting balance of payments and inflation.
📚 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.
