Liberalisation, Privatisation And Globalisation : An Appraisal

Question 109
CBSEENEC11008936

What have been the results of granting ‘Navratna’ status?

Solution

The granting of Navratna status results in better performance of these companies.

Question 110
CBSEENEC11008937

How many are there mini-ratnas?

Solution

These are 97 mini-ratnas.

Question 111
CBSEENEC11008938

What do you mean by foreign exchange reserve?

Solution

Foreign exchange reserve means the reserve which is maintained by a country to import control and other important items.

Question 112
CBSEENEC11008939

How much was our foreign exchange reserves at the eve of economic reforms 1991?

Solution

They were only 1.8 billion dollars which was sufficient for not more than two weeks.

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