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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
Define liberalization.
💡 Hint: Think about how it opens up the economy.
Question 2
Easy
What is deregulation?
💡 Hint: Consider its impact on businesses.
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 was the primary aim of the Industrial Policy of 1991?
- A) Increase government control
- B) Encourage foreign investment
- C) Limit entrepreneurship
💡 Hint: Think of what 'investment' means in terms of economy.
Question 2
True or False: Liberalization increased government control over industries.
- True
- False
💡 Hint: Consider the definition of liberalization.
Solve 2 more questions and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Critically evaluate the long-term impacts of the Industrial Policy of 1991 on small-scale industries in India.
💡 Hint: Use examples of industries affected by the policy.
Question 2
Assess the global reaction to India's shifts towards liberalization and foreign investment.
💡 Hint: Consider how other countries viewed India's market changes.
Challenge and get performance evaluation