Role of the Government in Industrial Growth

Q.

Who Introduced Economic Reforms in India?

Q.

Why Is NEP Called the Policy of Economic Reforms?

Q.

What Are the Essential Features of Economic Reforms?

Q.

When Did Economic Reforms Start in India?

Q.

Which Government First Introduced Economic Reforms?

Q.

Why Were Economic Reforms Introduced in India?

Q.

Which of the Following Economic Reforms Were Taken Up by the Government Under Liberalisation During the New Economic Reform Era? Find the Answer at BYJUS

1. Industrial sector reform

2. Tax reform

3. Financial sector reform

4. All of the above

Q.

What Are the Main Economic Reforms?

Q. Choose the correct pairs.

IBP: Invention Promotion Board

1. 1955
2. 1960
3. ICICI
4. IPB
5. IDBI
6. Refinance Corp
7. 1964
8. 1958

Q. How did the government encourage entrepreneurs to develop industries in backward regions?

1. Provided subsidies
2. Made huge investments
3. Easy credit
4. Supplied raw material

Q.

What Were the New Economic Policy Reforms in India?

Q.

Why Is Economic Reform Important?

Q. When did India introduce economic reforms to liberalise the economy and attract more investments?

1. 1956
2. 1991
3. 2003
4. 2008

Q. In which year were the Five-Year Plans initiated in India?

1. 1947
2. 1950
3. 1951
4. 1991

Q. Find the industries for which no licence was required after the liberalisation in 1991 in India.

1. Food items
2. Electronics
3. Chemical items
4. Export goods
5. Electricals
6. Defence goods
7. Tobacco items
8. Clothing

Q. To kickstart the industrialisation process, the government invested a large amount of money only in the private sector.

1. False
2. True

Q. Assertion (A): The government took control over 125 sick textile units and set up the National Textiles Corporation to oversee their management.

Reason (R): The government concentrated on the development of industries in backward regions.

1. A is correct.
2. R is correct.
3. A is correct, but R is incorrect.
4. Both A and R are correct, but R is not the correct explanation of A.

Q.

Was the Reform Policy of 1991 Beneficial?

Q.

Who Was Responsible for 1991 Economic Reforms?

Q.

What Do Economic Reforms Mean?

Q. Which of the industries mentioned below require(s) a licence even after the New Economic Policy of 1991?

1. Defence goods
2. Food items
3. Electronic items
4. Industrial explosives