Economic Reforms Online Test

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Economic Reforms

Description: Economic Reforms in India - 2
Number of Questions: 15
Created by: Ashok Pandey
Tags: Economic Reforms in India - 2 Economic Reforms in India

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Which committee was formed for fuller capital account convertibility?

Krishanamurthy Committee
Rangarajan Committee
Tarapore Committee - II
Capital Account Committee

Devolution Index by government measures social empowerment of people at the

Panchayat level
Block level
District level
State level

The Slogan 'Garibi Hatao' was included in

First Plan
Fifth Plan
Fourth Plan
Second Plan

Which committee was constituted for reforms in tax-structure?

Narsimham Committee
Chelliah Committee
Gadgil Committee
Kelkar Committee

Narsimham Committee was related to

High Education Reforms
Tax Structure Reforms
Banking Structure Reforms
Planning Implementation Reforms

The main security guard of International Trade is

IMF
World Bank
WTO
IFC

The predecessor of WTO was

IMF
GATT
TRAI
None of these

Which segment of infrastructure sector got the maximum share in 11th plan's infrastructure allocations?

Irrigation
Telecom
Electricity
Roads and bridges

Which year was declared as Customer's Satisfaction Year by Railways?

2000-01
2001-02
2002-03
2003-04

SBI (Amendment) Bill 2010 has the provision to reduce government's share in SBI's capital

from 61% to 55%
from 58% to 55%
from 55% to 51%
from 55% to 49%

Which is true for existing economic and industrial policies of the Indian Govt.?

(1) FERA was abolished (2) MRTP was abolished (3) Cash compensatory support for exports was abolished (4) Industrial licensing (except a few goods) was abolished

1, 2, 3 and 4
1, 3 and 4
Only 3 and 4
Only 2 and 3

One major proposal of New Industrial Policy (1991) was

NRIs will not be allowed for capital investment in India
all types of industries have been made licence free
import restrictions of technical know-how for one year
facility of direct foreign investment upto 51% in high priority industries

In which year, the practice of RBI lending to the government through ad hoc treasury bills was given up?

1997
1991
2001
2007

'Closed economy' is that economy in which

only export takes place
money supply is fully controlled
deficit financing takes place
neither export nor import takes place

Which of following statements is correct?

Privatisation is a panacea for all economic problems
Privatisation always leads to attaining social and economic effieciency
Privatisation may result in lopsided development of industries in the country
None of these

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