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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