Question
On 24th July, 1991 an India's New Economic Policy was
introduced known as the LPG, in which L stands for?Solution
LPG stands for Liberalization, Privatization and Globalization. It was introduced on 24th July, 1991. Liberalization ensures a relaxation from severely strict laws and rules of government. Privatization is the complete transfer of roles and operations of publicly owned means to private ownership. Globalization is the next step forward to increase the network of trade and culture interconnecting the whole of the world.
What recent amendment has the government made to the foreign direct investment (FDI) policy in the space sector?
What does IFSCA stand for in IFSCA Act?
How much stake did State Bank of India acquire in CCIL IFSC Limited?
Which of the following is a supply-side bottleneck for the growth of the food processing sector in India?
Which ministry conducts the Annual Survey of Industries (ASI) in India?
Which of the following statements about the Indian budget is incorrect?
Which of the following is true regarding the General Insurance Business (Nationalization) Act, 1972?
In the context of asymmetric information, what is 'screening'?
Which of the following is true with respect to the Risk based supervision (RBS) for banks done by RBI?
According to the Union Budget 2023-24, consider the following statements regarding Cooperation:
1. New co-operatives that commenc...
