Write down the two components of NEP, 1991.
The two components of NEP 1991 are : (i) macro-economic stabilisation and (ii) structural measures.
Name the three multilateral economic institutions.
IMF, 2. World Bank and 3. WTO.
How much billion American dollar did India get as loan from World Bank and IMF?
7 billion.
What did World Bank and IMF expect from India for availing the loan of 7 billion dollar?
World Bank and IMF expected India to liberalise and open up the economy by removing restrictions on the private sector, reduce the role of government in many areas and remove trade restrictions between India and other countries.
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