Practice - Major Economic Reforms in India
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
Define Liberalisation.
💡 Hint: What happens when the government relaxes its rules on industries?
What is Privatisation?
💡 Hint: Think about who controls businesses after privatisation.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What does Liberalisation primarily aim to achieve?
💡 Hint: Think about how government involvement changes under Liberalisation.
Privatisation leads to improved performance of enterprises. True or False?
💡 Hint: Consider what happens to efficiency when a business moves to private hands.
1 more question available
Challenge Problems
Push your limits with advanced challenges
Critique the effectiveness of the Liberalisation reforms in terms of consumer benefits and market competition.
💡 Hint: Consider both sides—how much choice do consumers have?
Evaluate the potential drawbacks of Globalisation for domestic companies in India.
💡 Hint: Think about local vs. global competition.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.