Arguments in Favor of New Economic Policies

Q. The Indian economy has witnessed various changes since the introduction of the New Economic Policies of 1991.

Which of the following are a few positive impacts of the New Economic Policies in India?

1. Increase in production
2. Increase in exports
3. Increase in employment opportunities
4. Increase in imports

Q. New Economic Policies paved the path of economic development in India.

What were their advantages?

1. Availability of a wider variety of products
2. Exchange of technology
3. More employment opportunities
4. Increased economic disparity

Q. Which of the following is an argument in favour of new economic policies?

1. Increase in monopoly
2. Increase in national income
3. Increase in income disparity
4. Decline in job security