Which of the following has/have not occurred in India after its liberalization of economic policies in $1991$ ?
1. Share of agriculture in GDP increased enormously.
2. Share of India's exports in world trade increased.
3. FDI inflows increased.
4. India's foreign exchange reserves increased enormously.
Select the correct answer using the codes given below.

1

and

4

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2, 3

and

4

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2

and

3

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1, 2, 3

and

4

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Solution

The correct option is B $2, 3$ and $4$
Share of agriculture in GDP has fallen down and by the fiscal $2016 - 17$ it stood at only around $17$ per cent.

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Similar questions

Q. The New Economic Policy (1991) was launched in the background of the following economic indicators:
1. India's foreign exchange reserves had fallen to US$1 billion.
2. The fall of the Soviet Union had deprived India of almost a quarter of its export market.
3. There was negative growth in real GDP.
4. Indian rupee had to be devalued by 45 per cent,

What impact has the GDP growth of 7.8 percent had?

(A) Indian Industry is anxious about India’s economic growth.
(B) India has achieved status as the world’s third largest economy at present.
(C) Foreign investment in India has drastically increased.

Q. Arrange the following in the increasing order of their share in India’s agricultural export basket by value.

Select the correct answer using the codes given below:

4-3-2-1
2-1-4-3
1-4-3-2
2-4-3-1

Q. Read the following passage carefully and answer the given questions. Certain words/phrases are given in bold to help you locate them while answering some of the questions.
What impact has the GDP growth of 7.8% had?
A. Indian Industry is anxious about India's economic growth.
B. India has achieved status as the world's third-largest economy at present.
C. Foreign investment in India has drastically increased.

Q. Q. With reference to Trade Balance in India, which of the following statements is/are correct?

1. India’s share in merchandise (goods) exports has grown since 1991.
2. Imports of merchandise, as a share of GDP, have steadily increased in the last five years.
3.Since the last five years, service imports in relation to GDP have been rising.

Select the correct answer using the code given below:

Q. भारत में व्यापार संतुलन के संदर्भ में, निम्नलिखित में से कौन सा कथन सही है / हैं?

1. माल के व्यापार (माल) के निर्यात में भारत की हिस्सेदारी 1991 से बढ़ी है।
2. GDP के हिस्से के रूप में माल का आयात पिछले पांच वर्षों में लगातार बढ़ा है।
3. पिछले पांच वर्षों से, GDP के संबंध में सेवा आयात बढ़ रहा है।

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The correct option is B 2,3 and 4Share of agriculture in GDP has fallen down and by the fiscal 2016−17 it stood at only around 17 per cent.

The correct option is B $2, 3$ and $4$
Share of agriculture in GDP has fallen down and by the fiscal $2016 - 17$ it stood at only around $17$ per cent.