Practice Economic Reforms and Liberalization (1991) - 2.7 | 2. Indian Economic Development | ICSE Class 11 Economics
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2.7 - Economic Reforms and Liberalization (1991)

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What year did India implement major economic reforms?

πŸ’‘ 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?

πŸ’‘ Hint: Recall the three key components discussed.

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 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

πŸ’‘ 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

πŸ’‘ Hint: Reflect on the successes highlighted in post-liberalization.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

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

πŸ’‘ Hint: Consider data on IT exports and major companies.

Question 2

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

πŸ’‘ Hint: Think about historical and contemporary programs aimed at inclusivity.

Challenge and get performance evaluation