Name the three multinational financial institutions which have been established to encourage globalisation. Write down the year of their establishment.

Before 1991, MRTP Act inhibited the growth of industries. How?

State the steps taken by the government towards liberalisation under the New Economic Policy.

What is the meaning of disinvestment of Public Sector Units?

What does foreign direct investinent mean?

What does fiscal deficit indicate?

How did the government promote exports before 1991?

When was new economic policy adopted?

What was the level of foreign exchange reserves in 1991?

State the reasons for slow growth of private sector before 1991.

Discuss the industrial policy of 1991. How is it different from earlier policies?