12th Grade > Economics - 2
MODERN REFORMS MCQs
Total Questions : 28
| Page 1 of 3 pages
:
Austerity involves cutting down spending to difficult levels.
Answer: Option B. -> 4
:
B
There were four generations of reforms.
:
B
There were four generations of reforms.
Answer: Option A. -> Competition Act
:
A
The Competition Act was enacted in 2002.
:
A
The Competition Act was enacted in 2002.
Answer: Option B. -> FIPB
:
B
The Foreign Investment Promotion Board was set up to encourage and foster foreign investment.
:
B
The Foreign Investment Promotion Board was set up to encourage and foster foreign investment.
Answer: Option D. -> 1991
:
D
India faced a BOP crisis which began in 1991.
:
D
India faced a BOP crisis which began in 1991.
Answer: Option B. -> 5
:
B
The following industries remain within licensing control:
:
B
The following industries remain within licensing control:
Answer: Option B. -> Decentralisation
:
B
The third generation of reforms, around the 10th FYP, emphasised on decentralisation.
:
B
The third generation of reforms, around the 10th FYP, emphasised on decentralisation.
Answer: Option C. -> Monopoly and Restrictive Trade Practices
:
C
MRTP Act stands for Monopoly and Restrictive Trade Practices.
:
C
MRTP Act stands for Monopoly and Restrictive Trade Practices.
Answer: Option A. -> Ratnas
:
A
Ratnas are the well-performing PSUs. There are several categories of Ratnas- maharatnas, navratnas etc.
:
A
Ratnas are the well-performing PSUs. There are several categories of Ratnas- maharatnas, navratnas etc.
Answer: Option D. -> China
:
D
Under Mao Zedong, China witnessed the Great Leap Forward.
:
D
Under Mao Zedong, China witnessed the Great Leap Forward.
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