Question
Which of the following reasons prompted India to
liberalize its economy? I- high combined deficit of the central and state governments II- elevated inflationary pressures III- large and unsustainable current account deficit (CAD) IV- External aggression from neighbouring countriesSolution
The macroeconomic imbalances of the late 1980s and early 1990s pushed the government towards introducing the structural reforms of 1991. The high combined deficit of the central and state governments, elevated inflationary pressures, and large and unsustainable current account deficit (CAD) led to a balance of payments crisis in the Indian economy. In response to the situation, trade and investments were liberalised in 1991.
Statements:
1. The company’s profits have declined sharply this year.
2. The company faced stiff competition from new market entrants.
Statements:
1. The demand for electric vehicles has surged in the past year.
2. The government has provided tax incentives for purcha...
Event (A): The hydroponic vertical garden cultivated as a pilot on the Metro Pillar is wilting as no one is there to take care of it.
Event (B...
In the question below, two statements (I) and (II) are given. These statements may be either independent causes or may be effects of independent causes...
Statements:
1. The city administration has implemented a complete ban on the use of private vehicles in the downtown area during peak hours. <...
Statement:
I: Few people visited the theme park during the week days.
II: Many people visited the theme park during the weekend.
In each of the following questions, two statements numbered I and II are given. There may be cause and effect relationship between the two statements....
Event (A): The Health Department has made it mandatory for brides and grooms to obtain Age Certificate before marriage from taluk and district hospitals...
Effect : Wikipedia, one of the last remaining pillars of the open and decentralized web, is in existential crisis.
Which of the following can b...
. In the question below, two statements (I) and (II) are given. These statements may be either independent causes or may be effects of independent caus...
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