Liberalisation, Privatisation And Globalisation : An Appraisal

Liberalisation, Privatisation And Globalisation : An Appraisal

Question

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Write down the three forms of structural reforms of 1991.
Or

Write down three elements (features) of New Economic Policy, 1991.

Solution

(i) Liberalisation, (ii) Privatisation and (iii) Globalisation.

Question

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Name three countries in which there was economic growth at high speed due to liberalisation.

Solution

(i) Korea, (ii) Singapore and (iii) Thailand.

Question

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Name any three financial institutions which are included in financial sector.

Solution

1. Commercial Banks

2. Investment Banks

3. Foreign Exchange Market

Question

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Who controls the financial sector in India?