Topic: CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL

Since 1991, income tax rates have been continuously reduced because:

For availing the $7 billion loan, World Bank and IMF expected India to:

Critics say disinvestment proceeds are used to:

In 1991, India’s foreign exchange reserves had dropped to a level that could not finance imports for more than:

Indirect taxes are taxes levied on:

India’s GDP growth increased from ___% during 1980-91 to ___% during 2007-12:

Post-1991 GDP growth is mainly driven by growth in the:

Since 1991, public investment in agriculture has fallen especially in:

In 2017-18, the disinvestment target was about:

Before the 1991 crisis, the government spent a large share of income on areas not providing immediate returns such as: