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Which is not the positive impact of LPG policies:
Consumer's is sovereignty
A check on fiscal deficit
Which is not the negative impact of LPG policies:
Neglect of agriculture
Drift from monopoly market to competitive market.
Spread of consumerism
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
The financial sector in India is controlled by
The Central Government
The Reserve Bank of India
State Bank of India