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Evaluate the below results of the economic reforms process of India:
1. India is seen as a successful exporter of auto parts, engineering goods, IT software and textiles in the reform period.
2. The reform process has been widely appreciated for being able to address all of the ‘basic’ problems facing our economy.
Q. Which of the above statements is/are not correct?
1. India is seen as a successful exporter of auto parts, engineering goods, IT software and textiles in the reform period.
2. The reform process has been widely appreciated for being able to address all of the ‘basic’ problems facing our economy.
Q. Which of the above statements is/are not correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
Evaluate the below results of the economic reforms process of India:1....
The reform process has been widely criticised for not being able to address some of the basic problems facing our economy especially in the areas of employment, agriculture, industry, infrastructure development and fiscal management.
Most Upvoted Answer
Evaluate the below results of the economic reforms process of India:1....
Major economic issues faced by India, such as high inflation, fiscal deficit, and balance of payments crisis.
3. However, the benefits of the reforms have not been evenly distributed among the population, leading to a growing income inequality gap.
4. The reforms have also led to the privatization of many public sector industries, resulting in job losses and social unrest.
5. The emphasis on attracting foreign investment and liberalizing trade has also led to concerns about the exploitation of labor and natural resources.
6. Despite these challenges, the economic reforms have contributed significantly to India's economic growth and development, making it one of the fastest-growing major economies in the world.
3. However, the benefits of the reforms have not been evenly distributed among the population, leading to a growing income inequality gap.
4. The reforms have also led to the privatization of many public sector industries, resulting in job losses and social unrest.
5. The emphasis on attracting foreign investment and liberalizing trade has also led to concerns about the exploitation of labor and natural resources.
6. Despite these challenges, the economic reforms have contributed significantly to India's economic growth and development, making it one of the fastest-growing major economies in the world.
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Evaluate the below results of the economic reforms process of India:1. India is seen as a successful exporter of auto parts, engineering goods, IT software and textiles in the reform period.2. The reform process has been widely appreciated for being able to address all of the ‘basic’ problems facing our economy.Q. Which of the above statements is/are not correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?
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Evaluate the below results of the economic reforms process of India:1. India is seen as a successful exporter of auto parts, engineering goods, IT software and textiles in the reform period.2. The reform process has been widely appreciated for being able to address all of the ‘basic’ problems facing our economy.Q. Which of the above statements is/are not correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Evaluate the below results of the economic reforms process of India:1. India is seen as a successful exporter of auto parts, engineering goods, IT software and textiles in the reform period.2. The reform process has been widely appreciated for being able to address all of the ‘basic’ problems facing our economy.Q. Which of the above statements is/are not correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Evaluate the below results of the economic reforms process of India:1. India is seen as a successful exporter of auto parts, engineering goods, IT software and textiles in the reform period.2. The reform process has been widely appreciated for being able to address all of the ‘basic’ problems facing our economy.Q. Which of the above statements is/are not correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.
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