Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
Dereservation of Small-Scale Products
After 1991 reforms, many goods produced by small-scale industries have been:
- Further reserved
- Dereserved — Correct Answer
- Banned from production
- Exported compulsorily
Explanation:
Correct Answer Explanation
Many goods previously reserved for small-scale industries have been dereserved.
Key Points:
- In most industries, the market determines prices.
- Part of the deregulation of the industrial sector under liberalisation.
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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.
