Class 12 Social Studies: Indian Economic Development Since 1991
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Q1 · MCQ · 1 mark
Which of the following was NOT a major component of the New Economic Policy (NEP) introduced in 1991?
Q2 · MCQ · 1 mark
The policy of allowing private sector entry into sectors previously reserved for the public sector is known as:
Q3 · MCQ · 1 mark
Which international organization played a significant role in advising India on its economic reforms in the early 1990s?
Q4 · FILL · 1 mark
The policy of reducing tariffs and quotas to promote international trade is an example of __________.
Q5 · MCQ · 1 mark
A major objective of financial sector reforms in India since 1991 was to:
Q6 · SHORT · 2 marks
Briefly explain the term 'disinvestment' as it relates to India's economic reforms.
Q7 · FILL · 1 mark
The introduction of the Goods and Services Tax (GST) in India in 2017 was a significant step towards economic __________.
Q8 · MCQ · 1 mark
Which of the following describes the impact of economic reforms on India's agricultural sector?
Q9 · FILL · 1 mark
Increased foreign direct investment (FDI) in India is a direct consequence of the policy of __________.
Q10 · SHORT · 2 marks
State two positive effects of globalization on the Indian economy.