CA/CS Foundation MCQ Question Economic Reforms In India II

Test Preparation on CA/CS Foundation MCQ Question Economic Reforms In India II

1.

Economic Policies followed by India immediately after Independence were ............ in nature.

1Conservative
2Liberalised
3Globalised
4None of the above

2.

Conservative Economic Policies were followed India immediately after independence in -

1Industrial Sector
2External Trade Sector
3Financial Sector
4All of the above

3.

In the pre-liberalization period dominant position was given to ......... Sector in India.

1Private
2Public
3Both (1) and (2)
4Neither (1) nor (2)

4.

In the pre-liberalization period -

1Full support was given to Private Sector in all industries
2Industries were reserved exclusively for Public Sector
3Both (1) and (2)
4Neither (1) nor (2)

5.

In the pre-reforms period (i.e. before 1991) Banking Scene was dominated by ........... Sector.

1Private
2Public
3Both (1) and (2)
4Neither (1) nor (2)

6.

In the pre-reforms period (i.e. before 1991) CRR and SIR were -

1High
2Low
3Moderate
4Nothing can be said

7.

In the pre-reforms period (i.e. before 1991) Interest Rate Structure in the economy -

1Left to the interaction of market forces
2Administered by RBI and Government
3Not relevant at all
4Nothing can be said

8.

In the pre-reforms period (i.e. before 1991) entry of Foreign Firms into the country was -

1Restricted
2Freely permissible
3Not relevant at all
4Nothing can be Said

9.

In the pre-reforms period (i.e. before 1991) Import permission was available primarily for-

1Consumer Goods
2Capital Goods
3Both (1) and (2)
4Neither (1) nor (2)

10.

- In the pre-reforms period (i.e. before 1991) Import permission was available primarily for -

1Capital Equipment
2Machinery
3Industrial Raw Material
4All of the above

Check your progress:


Right Ans	Wrong Ans	Not Attempted

Prev Question Next Question Show Answer