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.
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
  If all the letters in the word ‘SWEATSHIRT’ are arranged in alphabetical order from left to right such that the vowels are arranged first foll...
Statements: All school are college.
Some college are not institutions.
All institutions are university.
Conclusions: I. some un...
Three statements are given followed by three conclusions numbered I, II & III. Assuming the statements to be true, even if they seem to be at variance ...
Each option contains some statements. Determine from which statements the given two conclusions follow.
Conclusion:
I. Some grains are c...
Statements:
A few Red is Green.
60% Black is Green.
Only Green is Pink.
Conclusion:
I. No Pink is Black.
II. Some Black is Red.
Statements:
No Pencil is a Sharpener.
Only a few Sharpeners are Erasers.
98% of Erasers are Pens.
100% Pens are Boxes.
<...Read the following statements and conclusions carefully. Assuming the information given in the statements is true, even if it appears to be at variance...
Statements:
Only a few Calls is Trades
Some Trades are Margins
No Trade is Pledge
Conclusions:
I. Some Calls are not ...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varian...