Practice Economic Reforms And Liberalization (1991) (2.7) - Indian Economic Development
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Economic Reforms and Liberalization (1991)

Practice - Economic Reforms and Liberalization (1991)

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What year did India implement major economic reforms?

💡 Hint: Think about the time when India faced a financial crisis.

Question 2 Easy

What does the acronym 'LPG' stand for in the context of Indian economic reforms?

💡 Hint: Recall the three key components discussed.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the main aim of the economic reforms initiated in India in 1991?

To enhance state control
To privatize public utilities
To transition to a market-oriented economy

💡 Hint: Think about the major economic changes discussed.

Question 2

True or False: The IT sector in India did not grow significantly after 1991's economic reforms.

True
False

💡 Hint: Reflect on the successes highlighted in post-liberalization.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Critically evaluate how the economic liberalization of 1991 has transformed a specific sector in India.

💡 Hint: Consider data on IT exports and major companies.

Challenge 2 Hard

Propose potential policies the Indian government could adopt to address inequalities resulting from economic reforms.

💡 Hint: Think about historical and contemporary programs aimed at inclusivity.

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Reference links

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