Which organisation provided financial support to India during the 1991 economic crisis?
AUnited Nations
BWorld Trade Organization
CInternational Monetary Fund
DAsian Development Bank
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Related Questions:
How has globalization impacted the socio-economic landscape of India?
- Increased market competition has bolstered domestic industries, promoting economic growth.
- The dominance of multinational corporations has led to wider economic inequalities.
- Economic liberalization has encouraged the development of small and medium-sized enterprises (SMEs).
- The rise of a consumer credit society has enabled individuals to make purchases beyond their means.
The main objective of the New Economic Policy (NEP) of India (1991)
- i. To bring down poverty and unemployment.
- To bring down the rate of inflation and remove imbalances in payment.
- To move towards a higher economic growth rate and build sufficient foreign exchangereserves.
- To plunge the Indian economy into the arena of Globalization and to give it a newthrust on market orientation.
Which of the above statements are not correct ?
.Which of the following policies was introduced as a part of economic reforms in 1991?
What was the primary objective of India's economic liberalization?
What characterized the Indian economy before the LPG reforms?
- A predominantly closed economic system with limited international trade
- A state-dominated economic landscape with a centralized planning approach
- A highly protectionist economic environment with extensive industrial licensing and regulation
- A tightly controlled currency regime with stringent restrictions on convertibility