Question

Which of the following is a positive impact of Economic Reforms on the Indian Economy?

• A. Increase in the average industrial growth rate
• B. Increased focus on Quality to meet competition and sustain growth
• C. Directing productive efforts towards the world market, and not just to meet domestic demand
• D. All of the above

Answer 1

The correct option is D All of the above

Positive impact of Economic Reforms on the Indian Economy are :-a) Increase in the average industrial growth rate

b) Increased focus on Quality to meet competition and sustain growth

c) Directing productive efforts towards the world market, and not just to meet domestic demand

Economic reforms are taken by the Indian government, which emphasized LPG model- liberalization, privatization and globalization.