Cluster · Indian Economic Policy and Foreign Trade

d
Clusters / #1244
tight score 0.45

Indian Economy Concepts and Policies
Questions
263
Questions in this cluster
260 total
Question Category Subtype Difficulty

Which of these industries require Compulsory Licensing as per the New Economic Policy, of 1991?

pipeline-412912
bihar_police intermediate

As per the Industrial Policy Resolution 1956, Schedule B comprises of _________ industries.

pipeline-1363698
rajasthan intermediate

‘Laissez-faire’ is the term associated with which form of the economy?

pipeline-1090633
bihar_police intermediate

In which type of economy there is neither exports nor imports?

pipeline-1155908
rajasthan intermediate

Which of the following best describes the nature of the Indian economy?

pipeline-1139121
rajasthan intermediate

Which of the following is NOT associated with the Industrial Policy Resolution, of 1956?

pipeline-1357911
up_police intermediate

What three-part economic strategy defined India’s policy changes in the 1990s?

pipeline-1369164
up_police intermediate

The industrial sector of the country was divided into how many schedules under the Industrial Policy Resolution 1956?

pipeline-1359973
up_police intermediate

The sale of government assets is also known as:

pipeline-1359971
up_police intermediate

Which of the following policies was introduced as a part of economic reforms in 1991?

pipeline-1369724
up_police intermediate

Which sector of the economy was impacted by reforms like the reduction of subsidies after 1991?

pipeline-1369755
up_police intermediate

Economic planning is an essential feature of which of the following economies?

pipeline-1345709
up_police intermediate

________ means the transfer of ownership, management and control of public sector enterprises to the private sector.

pipeline-1360383
up_police intermediate

The sale of government assets is also known as:

pipeline-1367960
up_police intermediate

According to the Industrial Policy Resolution 1956, in how many categories were the industries classified in India?

pipeline-1365301
up_police intermediate

Which of the following were NOT part of the comprehensive liberalisation reforms introduced in July 1991?

pipeline-1363574
up_police intermediate

The concept of a mixed economy was central to India’s early planning strategies. In the context of India’s Five-Year Plans, what does the term 'mixed economy' refer to?

pipeline-1363566
up_police intermediate

As per the Industrial Policy Resolution 1956, Schedule B comprises of _________ industries.

pipeline-1363527
up_police intermediate

How can currency depreciation stimulate an increase in net exports?

1. By reducing export costs
2. By reducing import prices

Select the answer using the code given below :

pipeline-1352597
up_police intermediate

What is one effect of liberalisation in the industrial sector?

pipeline-1352596
up_police intermediate

In which year was the rupee devalued for the first time by nearly 37%?

pipeline-1351428
up_police intermediate

What is one primary objective of disinvestment in public sector enterprises?

pipeline-1352592
up_police intermediate

What does LPG stand for in the context of India's economic reforms?

pipeline-1352595
up_police intermediate

Which of the following refers to the transfer of ownership, management and control of public sector enterprises to private sector entrepreneurs?

pipeline-1345984
up_police intermediate

In 1991, India met with an economic crisis due to ________.

pipeline-1197911
up_police intermediate

_____ restrict/s import/s and help/s domestic producers from foreign competition.

A. Tariffs

B. Quotas

pipeline-1155682
up_police intermediate

How many industries were listed in Schedule A of Industrial Policy, 1956?

pipeline-1133378
up_police intermediate

Which of the following is the most traditional mode of entering into the foreign market?

pipeline-1139617
up_police intermediate

Which of the following refers to the transfer of ownership, management and control of public sector enterprises to private sector entrepreneurs?

pipeline-1158186
up_police intermediate

What is the term used to describe the swift integration between countries?

pipeline-633084
rpf intermediate

The mixed economy is:

pipeline-563788
rpf intermediate

The sale of government assets is also known as:

pipeline-1310697
defence intermediate

What is the meaning of dumping in the context of international trade?

pipeline-1310705
defence intermediate

Which of the following is/are related to Special Economic Zones (SEZ)?

I. Import of goods for free domestic procurement or circulation, maintenance and development of SEZ units.

II. There is a single window of clearance for central and state level approvals.

III. Custom officials do not go for regular checking of goods for import and export.

pipeline-1310699
defence intermediate

Which of the following is NOT a component of liberalisation?

pipeline-1305464
defence intermediate

______ refers to the measure related to the sale of assets for the achievement of some purpose.

pipeline-1305461
defence intermediate

The difference between exports and imports is called ____________________.

pipeline-1305458
defence intermediate

Which of the following methods can be used for liberalisation?

pipeline-1301943
defence intermediate

Which of the following refers to the transfer of ownership, management and control of public sector enterprises to private sector entrepreneurs?

pipeline-1301938
defence intermediate

Which of the following is a push factor of globalisation of business?

pipeline-1301945
defence intermediate

________ means the transfer of ownership, management and control of public sector enterprises to the private sector.

pipeline-1296760
defence intermediate

Economic planning is an essential feature of which of the following economies?

pipeline-1301936
defence intermediate

The economic reforms of 1991 aimed to transform India into which of the following types of economy?

pipeline-1290192
defence intermediate

Which of the following is correct statement about Industrial Policy Resolution 1956? 

I. This resolution formed the basis of the Second Five Year Plan, the plan which tried to build the basis for a socialist pattern of society. 

II. This resolution classified industries into two categories only. The first category comprised industries which would be exclusively owned by the private sector.

pipeline-1266292
defence intermediate

The sale or liquidation of assets by the government , usually Cent ral and State public sect orent erprises, project s, or other fixed assets is called ______.

pipeline-1272607
defence intermediate

Which of the following is NOT associated with the Industrial Policy Resolution, of 1956?

pipeline-1252072
defence intermediate

Which of the following is the most traditional mode of entering into the foreign market?

pipeline-1258191
ib intermediate

How many industries were listed in Schedule A of Industrial Policy, 1956?

pipeline-1255955
ib intermediate

What is the term for the policy of replacing or substituting imports with domestic production?

pipeline-1256055
ib intermediate

Which of the following is NOT associated with the Industrial Policy Resolution, of 1956?

pipeline-1253370
ib intermediate
Page 4 of 6