Liberalisation, Privatisation And Globalisation : An Appraisal

Question 137
CBSEENEC11008964

Which is not the positive impact of LPG policies:

 

  • Consumer's is sovereignty

     

  •  A check on fiscal deficit

     

  • Urban concentration

     

  • Growth process

Solution

C.

Urban concentration

 

Question 138
CBSEENEC11008965

Which is not the negative impact of LPG policies:

  • Neglect of agriculture

     

  • Economic colonialism

     

  • Drift from monopoly market to competitive market.

     

  • Spread of consumerism

Solution

C.

Drift from monopoly market to competitive market.

 

Question 139
CBSEENEC11008966

Which is the fiscal reform undertaken under new economic policy?

  • Abolition of import quotas

     

  • Reduction in import duty

     

  • Emphasis on simple and moderate tax structure.

     

  • Abolition of industrial licensing

Solution

C.

Emphasis on simple and moderate tax structure.

 

Question 140
CBSEENEC11008967

The financial sector in India is controlled by

  • The Central Government

     

  •  State Governments

     

  • The Reserve Bank of India

     

  • State Bank of India

Solution

C.

The Reserve Bank of India

 

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