AIIMS was set up by Government of India ________.

To prove electricity at a lower cost than the actual cost of the production

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To produce and encourage private sector especially small scale industries

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To provide quality health services at reasonably cost

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None of these

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Solution

The correct option is A To provide quality health services at reasonably cost
AIIMS- All India Institute of Medical Sciences was established by an Act of Parliament of 1956.
The main purpose was to provide quality health services at reasonable cost.

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(i) Liberalisation
(ii) Privatisation
(iii) Globalisation

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(iv) To introduce more competition into the economy with the aim of increasing efficiency.

The economic reforms under liberalisation taken by the government include the following:
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(ii) Financial Sector Reforms
(iii) Tax Reforms
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(v) Trade and Investment Policy Reforms

Industrial Sector Reforms
The new policy abolished the requirement of obtaining a licence for all industries except alcohol, cigarettes, hazardous chemicals, industrial explosives, electronics, aerospace, and drugs and pharmaceuticals. Licence is no longer required to set up new units or to expand the existing one.

Under the new industrial policy, the number of industries reserved only for the public sector was reduced from 17 to only 3.
It is only (i) Defense equipment (ii) Atomic energy generation (iii) Railway transport.Read the following statements - Assertion (A) and Reason (R) and choose the correct answer from the following:
Assertion (A)- Liberalisation concept to encourage the private sector to take active part in the development process.
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[0.80 marks]

Q. OTCEI was set up to provide ________ and ________ companies an access to the capital market for raising finance in a cost effective manner.

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AIIMS was set up by Government of India ________.

The correct option is A To provide quality health services at reasonably costAIIMS- All India Institute of Medical Sciences was established by an Act of Parliament of 1956.The main purpose was to provide quality health services at reasonable cost.

The correct option is A To provide quality health services at reasonably cost
AIIMS- All India Institute of Medical Sciences was established by an Act of Parliament of 1956.
The main purpose was to provide quality health services at reasonable cost.