12th Grade > Economics - 2
MODERN REFORMS MCQs
Total Questions : 28
| Page 3 of 3 pages
Answer: Option C. -> Globalisation
:
C
Globalisation involves integration of India and foreign economies.
:
C
Globalisation involves integration of India and foreign economies.
Answer: Option B. -> 23
:
B
23 countries joined as members of the GATT in 1948.
:
B
23 countries joined as members of the GATT in 1948.
:
When the government stake in a public enterprise is reduced by selling off the assets, it is called a disinvestment.
:
Privatisation comprises of reforms to reduce presence of the public sector in key industries.
Answer: Option D. -> World Trade Organisation
:
D
World Trade Organisation is an intergovernmental organisation acting as a regulator of global trade.
:
D
World Trade Organisation is an intergovernmental organisation acting as a regulator of global trade.
Answer: Option A. -> True
:
A
India joined WTO in 1995, and has been a member since.
:
A
India joined WTO in 1995, and has been a member since.
Answer: Option A. -> Liberalisation
:
A
MRTP was about de-control, and thus falls under liberalisation reforms.
:
A
MRTP was about de-control, and thus falls under liberalisation reforms.
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