Liberalisation, Privatisation And Globalisation : An Appraisal

  • Question 125
    CBSEENEC11008952

    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 126
    CBSEENEC11008953

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

    Solution

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

    Question 127
    CBSEENEC11008954

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

    Solution

    1. Commercial Banks

    2. Investment Banks

    3. Foreign Exchange Market

    Question 128
    CBSEENEC11008955

    Who controls the financial sector in India?

    Solution

    Reserve Bank of India.

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