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Import licensing on almost all intermediate inputs and capital goods was done away with, and the entry restrictions for firms were simplified. The new policy encouraged the entry of private sector firms by ending the public sector monopoly in many sectors and initiating the automatic approval policy for FDI up to 51 per cent. The exchange rate was made flexible and allowed to depreciate as necessary to maintain competitiveness. The rupee was made fully convertible on the current account and partially on the capital account. These reforms had a positive effect on the economy.
A vice president can act as a president maximum for the period of:
Anticipatory bail may be granted by
As per the Sales of Goods Act, 1930 when does an agreement to sell becomes a sale?
Where there is an agreement to sell goods on the terms that the price is to be fixed by thwe valuation of a third party & such third party cannot or d...
Who cannot acquire the right of subrogation ?
The term Intenational Law was first coined by-
A, a surgeon, in good faith, communicates to a patient his opinion that he cannot live. The patient dies in consequence of the shock.
As per section 48 of the Prevention of Money-Laundering Act, 2002 which are the classes of Authorities under the Act?
Which of the following country is not included in BRICS ?
The maximum period for which a magistrate may send the arrested person in police custody is :