What Does LPG Mean in Economic Reforms?
LPG refers to Liberalisation, Privatisation and Globalisation. Also see: MCQs on Liberalisation MCQs on Globalisation Advantages of Globalisation Objectives of... View Article
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What Are the Six Fundamental Rights?
The six fundamental rights provided by the Constitution of India to its citizens are as follows: Right to equality Right... View Article
When Did Economic Reforms Start in India?
Economic reforms in India started in the later part of 1991. These reforms brought about an improvement in the economic... View Article
What Are Economic Reforms? Explain Its Effects on Indian Economy?
Economic reforms refers to any kind of policies that seek to improve the condition of the economy. The impact of... View Article
What Were the Causes of the Economic Crisis Class 12?
Economic crisis of 1991 was a result of the inappropriate management of policies by the previous governments that led to... View Article
What Led to LPG Reforms?
LPG reforms were initiated due to the deteriorating conditions of the Indian economy where there was a deficit in balance... View Article
Why Were Economic Reforms Introduced in India?
The Indian economy was under tremendous pressure due to a deficit in balance of payments and had exhausted the foreign... View Article
Which Government First Introduced Economic Reforms?
In 1991, Prime Minister Dr P.V. Narasimha Rao and Finance Minister Dr. Manmohan Singh both were instrumental in introducing the... View Article
Why Is NEP Called the Policy of Economic Reforms?
NEP or New Economic Policy is called the policy of economic reforms as under this policy India became a growing... View Article
Was the Reform Policy of 1991 Beneficial?
Yes, the reform policy of 1991 adopted in India was beneficial as it paved the way for development of the... View Article
What Are the Objectives of Economic Policy?
The objectives of economic policy are: Economic prosperity Stable markets Protection of employment Business Development Also read: MCQs on Liberalisation... View Article
What Were the New Economic Policy Reforms in India?
New economic policy reforms are those neo liberal reforms which were introduced by the government in India from 1991. The... View Article
What Are the Main Economic Reforms?
The main economic reforms are as follows: Fiscal reforms Industrial sector reforms Financial sector reforms Foreign exchange reforms Tax reforms... View Article
Who Introduced Economic Reforms in India?
Economic reforms were introduced in India in 1991 under the leadership of Dr. P.V. Narasimha Rao, the Prime Minister of... View Article
What Do Economic Reforms Mean?
Economic reforms are a set of reforms that are introduced in the economy by the government in order to improve... View Article
What Are the Economic Reforms of 1991?
Economic reforms of 1991 were aimed at improving the economic condition of India. For this the following steps were taken:... View Article
Why Is Economic Reform Important?
Economic reform is important as it will help in the growth and development of the economy. Economic reforms help in... View Article
What Is an Example of Economic Reform?
An example of economic reform is the adoption of LPG policy in India in 1991 that led to the growth... View Article
What Are the Essential Features of Economic Reforms?
Essential features of economic reforms are: Liberalisation Privatisation Globalisation Also read: MCQs on Liberalisation MCQs on Globalisation Advantages of Globalisation... View Article
What Is Capital Budgeting in Financial Management?
Capital budgeting is the process of making investment decisions regarding investing in long term assets of a business. It is... View Article
