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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What does economic liberalization refer to?
💡 Hint: Think about the relationship between the government and the economy.
Question 2
Easy
In what year did India experience economic liberalization?
💡 Hint: Recall the crisis that led to the reforms.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What year did India liberalize its economy?
- 1985
- 1990
- 1991
💡 Hint: Connect it with the balance of payments crisis.
Question 2
The reduction of tariffs is associated with economic liberalization. True or False?
- True
- False
💡 Hint: Remember what you learned about the barriers to trade.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Evaluate how the 1991 economic reforms may have set the stage for India's later successes in the technology sector.
💡 Hint: Think of specific examples of technological innovations post-liberalization.
Question 2
Discuss the socio-economic impacts of liberalization, including both positive growth and negative inequality.
💡 Hint: Review points on both economic growth and societal challenges.
Challenge and get performance evaluation