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.
Consider the following statements about Ahar civilization-
I.The people of Ahad knew how to smelt copper.
II.These people were not familia...
In historical texts, who were the 'Samantas'?
Who was one of the primary discoverers of the Indus Valley Civilization?
Which place of Indus civilization is located in India?
Which famous Indian freedom fighter was born in Ballia, Uttar Pradesh?
Freedom of the press is implied in the right to
The title of ‘Sardar’ to Vallabhbhai Patel was given by
Which ancient Indian city was the capital of the Rashtrakuta Dynasty?
The Indus Valley culture was different from the Vedic civilization because-
Consider the following events.
A) Battle of Plassey            Â
B) Battle of Buxor             Â