Question
In which of the following years, India took its first
major step towards liberalisation?Solution
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.
Investment and savings are kept equal through changes in which of the following?Â
Which sector contributes the most to India's GDP?
What describes 'Disguised unemployment' accurately? Â
The annual rate of growth of GDP has been the lowest in which Five Year Plan?
Which of the following is not an investment expenditure in goods and services?
What is the minimum maturity period for which Commercial Paper (CP) can be issued?
What type of investment are Treasury Bills (T-bills)?
Which organization publishes the World Economic Outlook report.
The act of stimulating the economy by increasing the money supply or by reducing taxes, seeking to bring the economy back up to the long-term trend, fo...
During periods of inflation, tax rates shouldÂ
