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Test: Economic Reforms In India


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40 Questions MCQ Test Business Economics for CA Foundation | Test: Economic Reforms In India

Test: Economic Reforms In India for CA Foundation 2022 is part of Business Economics for CA Foundation preparation. The Test: Economic Reforms In India questions and answers have been prepared according to the CA Foundation exam syllabus.The Test: Economic Reforms In India MCQs are made for CA Foundation 2022 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Economic Reforms In India below.
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Test: Economic Reforms In India - Question 1

Which of the following statements is correct?

Test: Economic Reforms In India - Question 2

All of the following developments were noticed during 1991 (when economic reforms were enforced) except one. Identify it.

Test: Economic Reforms In India - Question 3

Which of the following statement is correct about the New Industrial Policy, 1991?

Test: Economic Reforms In India - Question 4

At present only _________________ industries are reserved for the public sector.

Test: Economic Reforms In India - Question 5

At present there are only _________ industries for which licensing is compulsory.

Test: Economic Reforms In India - Question 6

At present, 100 per cent FDI is allowed in ______________ .

Test: Economic Reforms In India - Question 7

Iron and steel industry started in India in the year?

Detailed Solution for Test: Economic Reforms In India - Question 7

Iron and steel industry started in India in the year 1870, when Bengal Iron Works company established its plant in Kulti, West Bengal.

Test: Economic Reforms In India - Question 8

As a result of the New Industrial Policy, 1991:

Test: Economic Reforms In India - Question 9

Under the New Industrial policy, 1991:

Test: Economic Reforms In India - Question 10

As a result of the New Industrial Policy, 1991:

Test: Economic Reforms In India - Question 11

In the pre-reform period, the banking sector:

Test: Economic Reforms In India - Question 12

Which of the following is correct in relation to banks in the post-reform period?

Test: Economic Reforms In India - Question 13

Which of the following statements is correct with regard to external sector in the prereform period?

Test: Economic Reforms In India - Question 14

Which of the following statements is correct with regard to external sector in the post reform period?

Test: Economic Reforms In India - Question 15

FERA stands for

Test: Economic Reforms In India - Question 16

FEMA stands for

Test: Economic Reforms In India - Question 17

As a result of the foreign trade reforms:

Test: Economic Reforms In India - Question 18

All of the following statements except one are correct about the Foreign Trade Policy, 2004-09. Identify the incorrect statement:

Test: Economic Reforms In India - Question 19

DFEC stands for

Test: Economic Reforms In India - Question 20

EPCG stands for

Test: Economic Reforms In India - Question 21

FIEO stands for

Test: Economic Reforms In India - Question 22

Fiscal policy means

Test: Economic Reforms In India - Question 23

The unsustainable levels of government deficits in the late 80’s can be attributed to:

Test: Economic Reforms In India - Question 24

CENVAT stands for

Test: Economic Reforms In India - Question 25

The FRBMA stands for

Test: Economic Reforms In India - Question 26

The FRBMA, 2003 emphasises on:

Test: Economic Reforms In India - Question 27

The economic reforms have failed to

Test: Economic Reforms In India - Question 28

Under the New Industrial Policy, 1991:

Test: Economic Reforms In India - Question 29

Before financials reforms, the banking system was characterised by all of the following except:

Test: Economic Reforms In India - Question 30

WTO stands for

Test: Economic Reforms In India - Question 31

_______________________ refers to relaxation of previous government restrictions.

Test: Economic Reforms In India - Question 32

_____________________ refers to the transfer of assets or services functions from public to private ownership.

Test: Economic Reforms In India - Question 33

_______________________ refers to disposal of public sector’s units in equity in the market.

Test: Economic Reforms In India - Question 34

The pre-condition for privatisation to be successful requires

Test: Economic Reforms In India - Question 35

Which of the following statements regarding privatisation is correct?

Test: Economic Reforms In India - Question 36

Privatisation in India has taken place in all of the cases except

Test: Economic Reforms In India - Question 37

Which of the following statements is correct?

Test: Economic Reforms In India - Question 38

_________________________ means integrating the domestic economy with the world economy.

Test: Economic Reforms In India - Question 39

In 2009, disinvestment programme took off with the IPO of ———————.

Test: Economic Reforms In India - Question 40

SEZ Act came into effect in ———.

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