Test: Economic Reforms In India


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


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This mock test of Test: Economic Reforms In India for CA Foundation helps you for every CA Foundation entrance exam. This contains 40 Multiple Choice Questions for CA Foundation Test: Economic Reforms In India (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Economic Reforms In India quiz give you a good mix of easy questions and tough questions. CA Foundation students definitely take this Test: Economic Reforms In India exercise for a better result in the exam. You can find other Test: Economic Reforms In India extra questions, long questions & short questions for CA Foundation on EduRev as well by searching above.
QUESTION: 1

Which of the following statements is correct?

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QUESTION: 2

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

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QUESTION: 3

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

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QUESTION: 4

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

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QUESTION: 5

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

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QUESTION: 6

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

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QUESTION: 7

Iron and steel industry started in India in the year?

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

QUESTION: 8

As a result of the New Industrial Policy, 1991:

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QUESTION: 9

Under the New Industrial policy, 1991:

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QUESTION: 10

As a result of the New Industrial Policy, 1991:

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QUESTION: 11

In the pre-reform period, the banking sector:

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QUESTION: 12

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

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QUESTION: 13

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

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QUESTION: 14

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

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QUESTION: 15

FERA stands for

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QUESTION: 16

FEMA stands for

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QUESTION: 17

As a result of the foreign trade reforms:

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QUESTION: 18

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

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QUESTION: 19

DFEC stands for

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QUESTION: 20

EPCG stands for

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QUESTION: 21

FIEO stands for

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QUESTION: 22

Fiscal policy means

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QUESTION: 23

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

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QUESTION: 24

CENVAT stands for

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QUESTION: 25

The FRBMA stands for

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QUESTION: 26

The FRBMA, 2003 emphasises on:

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QUESTION: 27

The economic reforms have failed to

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QUESTION: 28

Under the New Industrial Policy, 1991:

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QUESTION: 29

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

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QUESTION: 30

WTO stands for

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QUESTION: 31

_______________________ refers to relaxation of previous government restrictions.

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QUESTION: 32

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

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QUESTION: 33

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

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QUESTION: 34

The pre-condition for privatisation to be successful requires

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QUESTION: 35

Which of the following statements regarding privatisation is correct?

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QUESTION: 36

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

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QUESTION: 37

Which of the following statements is correct?

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QUESTION: 38

_________________________ means integrating the domestic economy with the world economy.

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QUESTION: 39

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

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QUESTION: 40

SEZ Act came into effect in ———.

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