Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
Liberalisation Measures in 1980s
A few liberalisation measures introduced in the 1980s covered which areas?
- Only agriculture and mining
- Industrial licensing, export-import policy, technology upgradation, fiscal policy and foreign investment — Correct Answer
- Only banking sector
- Only service sector
Explanation:
Correct Answer Explanation
In the 1980s, a few measures were introduced in industrial licensing, export-import policy, technology upgradation, fiscal policy and foreign investment.
Key Points:
- However, 1991 reforms were more comprehensive.
- Key areas post-1991: industrial sector, financial sector, tax reforms, foreign exchange, trade and investment.
📚 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.
