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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
Define Liberalisation.
💡 Hint: What happens when the government relaxes its rules on industries?
Question 2
Easy
What is Privatisation?
💡 Hint: Think about who controls businesses after privatisation.
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 does Liberalisation primarily aim to achieve?
- Increase government control
- Reduce government control
- Limit foreign investment
💡 Hint: Think about how government involvement changes under Liberalisation.
Question 2
Privatisation leads to improved performance of enterprises. True or False?
- True
- False
💡 Hint: Consider what happens to efficiency when a business moves to private hands.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
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?
Question 2
Evaluate the potential drawbacks of Globalisation for domestic companies in India.
💡 Hint: Think about local vs. global competition.
Challenge and get performance evaluation