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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What does liberalization refer to?
💡 Hint: Think about what happens when import taxes go down.
Question 2
Easy
Name one outcome of privatization.
💡 Hint: Consider how management changes when a company is sold.
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 significant change occurred due to the economic reforms of 1991?
- Increased trade barriers
- Globalization of the Indian economy
- Decrease in foreign investments
💡 Hint: Think about how reforms connect India to the global economy.
Question 2
True or False: Economic reforms only had positive impacts on the Indian economy.
- True
- False
💡 Hint: Consider both sides of the impact.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Evaluate the dual effects of economic reforms on income inequality in India. What measures could be implemented to address any negative consequences?
💡 Hint: Consider how growth benefits different groups and what remedies could help.
Question 2
Discuss the implications of privatization on public service efficiency. Are there any potential drawbacks?
💡 Hint: Think about the balance between profit motives and public good.
Challenge and get performance evaluation