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.
The International Conference on Glaciers’ Preservation 2025 was held in which country?
When is National Tribal Festival celebrated?
Which of the following countries have become a full time member of SCO (Shanghai Cooperation Organization)?
Which country has recently unveiled a new visa policy to attract foreign investors?
Which of the following is NOT a writ issued by the Supreme Court of India?
According to the Health Ministry’s campaign, which city’s AIIMS was selected for the pilot nutrition awareness project?
Consider the following;
I.All India Survey on Higher Education (AISHE) 2020-2021 is prepared by the Department of School Education and literacy (...
Which fabric is made from purified cellulose derived from wood pulp?
World Health Organization (WHO) recently recommended a new vaccine, R21/Matrix-M, for the prevention of which diesease in children?
How many Advance Pricing Agreements (APAs) did the Central Board of Direct Taxes (CBDT) sign in FY 2023-24?
