Indian Economy

What is the correct description of NITI Aayog?

A A constitutional court
B A central bank
C A tax authority
D a government policy think tank established in 2015

Which of the following is most closely associated with NITI Aayog?

A a government policy think tank established in 2015
B A tax authority
C A constitutional court
D A central bank

In Indian economic terminology, NITI Aayog refers to:

A A constitutional court
B A tax authority
C a government policy think tank established in 2015
D A central bank

Which statement about NITI Aayog is correct?

A A central bank
B a government policy think tank established in 2015
C A constitutional court
D A tax authority

What is the correct description of Planning Commission?

A the former central planning institution replaced by NITI Aayog
B A tax authority
C A bank regulator
D A court

Which of the following is most closely associated with Planning Commission?

A A court
B A tax authority
C A bank regulator
D the former central planning institution replaced by NITI Aayog

In Indian economic terminology, Planning Commission refers to:

A A tax authority
B the former central planning institution replaced by NITI Aayog
C A bank regulator
D A court

Which statement about Planning Commission is correct?

A the former central planning institution replaced by NITI Aayog
B A tax authority
C A bank regulator
D A court

What is the correct description of Second Five-Year Plan?

A Green Revolution only
B GST
C a plan strongly associated with heavy industry and the Mahalanobis strategy
D LPG reforms

Which of the following is most closely associated with Second Five-Year Plan?

A Green Revolution only
B LPG reforms
C a plan strongly associated with heavy industry and the Mahalanobis strategy
D GST

In Indian economic terminology, Second Five-Year Plan refers to:

A Green Revolution only
B a plan strongly associated with heavy industry and the Mahalanobis strategy
C LPG reforms
D GST

Which statement about Second Five-Year Plan is correct?

A GST
B Green Revolution only
C a plan strongly associated with heavy industry and the Mahalanobis strategy
D LPG reforms

What is the correct description of 1991 reforms?

A Abolition of private firms
B economic reforms emphasising liberalisation, privatisation and globalisation
C Trade isolation
D Complete nationalisation

Which of the following is most closely associated with 1991 reforms?

A Complete nationalisation
B Trade isolation
C Abolition of private firms
D economic reforms emphasising liberalisation, privatisation and globalisation

In Indian economic terminology, 1991 reforms refers to:

A Abolition of private firms
B Trade isolation
C economic reforms emphasising liberalisation, privatisation and globalisation
D Complete nationalisation

Which statement about 1991 reforms is correct?

A Abolition of private firms
B Complete nationalisation
C Trade isolation
D economic reforms emphasising liberalisation, privatisation and globalisation

What is the correct description of Liberalisation?

A reduction of unnecessary economic controls and restrictions
B Higher licensing
C Nationalisation
D Trade closure

Which of the following is most closely associated with Liberalisation?

A Trade closure
B Nationalisation
C Higher licensing
D reduction of unnecessary economic controls and restrictions

In Indian economic terminology, Liberalisation refers to:

A Higher licensing
B reduction of unnecessary economic controls and restrictions
C Nationalisation
D Trade closure

Which statement about Liberalisation is correct?

A Higher licensing
B Nationalisation
C reduction of unnecessary economic controls and restrictions
D Trade closure

What is the correct description of Privatisation?

A greater private ownership or participation in economic activity
B Monetary easing
C Nationalisation
D Public procurement

Which of the following is most closely associated with Privatisation?

A greater private ownership or participation in economic activity
B Public procurement
C Monetary easing
D Nationalisation

In Indian economic terminology, Privatisation refers to:

A Public procurement
B Monetary easing
C Nationalisation
D greater private ownership or participation in economic activity

Which statement about Privatisation is correct?

A Monetary easing
B Nationalisation
C greater private ownership or participation in economic activity
D Public procurement

What is the correct description of Globalisation?

A increasing integration of economies through trade, investment and technology
B Economic isolation
C Trade prohibition
D Currency abolition