Class 12 Exam  >  Class 12 Questions  >  Which of the following are correct with refer... Start Learning for Free
Which of the following are correct with reference to economic reforms (LPG reforms) and public policies?
1. Economic reforms have placed limits on the growth of public expenditure especially in social sectors.
2. The reform policies involving tariff reduction have curtailed the scope for raising revenue through customs duties.
3. In order to attract foreign investment, tax incentives were provided to foreign investors which further reduced the scope for raising tax revenues.
Select the correct statements using the codes given below:
  • a)
    1 and 2 only
  • b)
    2 and 3 only
  • c)
    1 and 3 only 
  • d)
    All are correct
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which of the following are correct with reference to economic reforms ...
The economy of India had undergone significant policy shifts in the beginning of the 1990s. This new model of economic reforms is commonly known as the LPG or Liberalisation, Privatisation and Globalisation model. The primary objective of this model was to make the economy of India the fastest developing economy in the globe with capabilities that help it match up with the biggest economies of the world.
Explore Courses for Class 12 exam

Similar Class 12 Doubts

Which of the following are correct with reference to economic reforms (LPG reforms) and public policies?1. Economic reforms have placed limits on the growth of public expenditure especially in social sectors.2. The reform policies involving tariff reduction have curtailed the scope for raising revenue through customs duties.3. In order to attract foreign investment, tax incentives were provided to foreign investors which further reduced the scope for raising tax revenues.Select the correct statements using the codes given below:a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All are correctCorrect answer is option 'D'. Can you explain this answer?
Question Description
Which of the following are correct with reference to economic reforms (LPG reforms) and public policies?1. Economic reforms have placed limits on the growth of public expenditure especially in social sectors.2. The reform policies involving tariff reduction have curtailed the scope for raising revenue through customs duties.3. In order to attract foreign investment, tax incentives were provided to foreign investors which further reduced the scope for raising tax revenues.Select the correct statements using the codes given below:a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All are correctCorrect answer is option 'D'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Which of the following are correct with reference to economic reforms (LPG reforms) and public policies?1. Economic reforms have placed limits on the growth of public expenditure especially in social sectors.2. The reform policies involving tariff reduction have curtailed the scope for raising revenue through customs duties.3. In order to attract foreign investment, tax incentives were provided to foreign investors which further reduced the scope for raising tax revenues.Select the correct statements using the codes given below:a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All are correctCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following are correct with reference to economic reforms (LPG reforms) and public policies?1. Economic reforms have placed limits on the growth of public expenditure especially in social sectors.2. The reform policies involving tariff reduction have curtailed the scope for raising revenue through customs duties.3. In order to attract foreign investment, tax incentives were provided to foreign investors which further reduced the scope for raising tax revenues.Select the correct statements using the codes given below:a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All are correctCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Which of the following are correct with reference to economic reforms (LPG reforms) and public policies?1. Economic reforms have placed limits on the growth of public expenditure especially in social sectors.2. The reform policies involving tariff reduction have curtailed the scope for raising revenue through customs duties.3. In order to attract foreign investment, tax incentives were provided to foreign investors which further reduced the scope for raising tax revenues.Select the correct statements using the codes given below:a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All are correctCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 12. Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.
Here you can find the meaning of Which of the following are correct with reference to economic reforms (LPG reforms) and public policies?1. Economic reforms have placed limits on the growth of public expenditure especially in social sectors.2. The reform policies involving tariff reduction have curtailed the scope for raising revenue through customs duties.3. In order to attract foreign investment, tax incentives were provided to foreign investors which further reduced the scope for raising tax revenues.Select the correct statements using the codes given below:a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All are correctCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Which of the following are correct with reference to economic reforms (LPG reforms) and public policies?1. Economic reforms have placed limits on the growth of public expenditure especially in social sectors.2. The reform policies involving tariff reduction have curtailed the scope for raising revenue through customs duties.3. In order to attract foreign investment, tax incentives were provided to foreign investors which further reduced the scope for raising tax revenues.Select the correct statements using the codes given below:a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All are correctCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Which of the following are correct with reference to economic reforms (LPG reforms) and public policies?1. Economic reforms have placed limits on the growth of public expenditure especially in social sectors.2. The reform policies involving tariff reduction have curtailed the scope for raising revenue through customs duties.3. In order to attract foreign investment, tax incentives were provided to foreign investors which further reduced the scope for raising tax revenues.Select the correct statements using the codes given below:a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All are correctCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Which of the following are correct with reference to economic reforms (LPG reforms) and public policies?1. Economic reforms have placed limits on the growth of public expenditure especially in social sectors.2. The reform policies involving tariff reduction have curtailed the scope for raising revenue through customs duties.3. In order to attract foreign investment, tax incentives were provided to foreign investors which further reduced the scope for raising tax revenues.Select the correct statements using the codes given below:a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All are correctCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Which of the following are correct with reference to economic reforms (LPG reforms) and public policies?1. Economic reforms have placed limits on the growth of public expenditure especially in social sectors.2. The reform policies involving tariff reduction have curtailed the scope for raising revenue through customs duties.3. In order to attract foreign investment, tax incentives were provided to foreign investors which further reduced the scope for raising tax revenues.Select the correct statements using the codes given below:a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All are correctCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Class 12 tests.
Explore Courses for Class 12 exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev