Liberalisation, Privatisation And Globalisation : An Appraisal

  • Question 29
    CBSEENEC11008856

    What do you mean by economic reforms?

    Solution

    By economic reforms we mean a change in the set of policies from one period to another.

    Question 30
    CBSEENEC11008857

    When was economic reform programme introduced in the Indian economy?

    Solution

    The economic reforms programme was introduced in the Indian Economy in 1991.

    Question 31
    CBSEENEC11008858

    Write down the components of New Economic Policy?

    Solution

    The components of new economic policy are (i) Liberalisation, (ii) Privatisation and (iii) Globalisation.

    Question 32
    CBSEENEC11008859

    What is the main aim of the New Economic Policy?

    Solution

    The main aim of new economic policy is to make our production units more efficient and highly productive.

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