Liberalisation, Privatisation And Globalisation : An Appraisal

  • Question 109
    CBSEENEC11008936

    What have been the results of granting ‘Navratna’ status?

    Solution

    The granting of Navratna status results in better performance of these companies.

    Question 110
    CBSEENEC11008937

    How many are there mini-ratnas?

    Solution

    These are 97 mini-ratnas.

    Question 111
    CBSEENEC11008938

    What do you mean by foreign exchange reserve?

    Solution

    Foreign exchange reserve means the reserve which is maintained by a country to import control and other important items.

    Question 112
    CBSEENEC11008939

    How much was our foreign exchange reserves at the eve of economic reforms 1991?

    Solution

    They were only 1.8 billion dollars which was sufficient for not more than two weeks.

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