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Arrange the following items in the correct sequence:
(A) Competition Act
(B) FEMA
(C) FERA
(D) MRTP

Choose the correct answer from the options given below:

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Important Questions on Liberalisation, Privatisation and Globalisation

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Other Subjects>Economics>Liberalisation, Privatisation and Globalisation>Liberalisation of Economy
Which Indian Finance Minister is credited with the implementation of economic liberalisation measures in 1991?
HARD
Other Subjects>Economics>Liberalisation, Privatisation and Globalisation>Liberalisation of Economy
Who was the Prime Minister of India when the economic liberalisation was introduced?
HARD
Other Subjects>Economics>Liberalisation, Privatisation and Globalisation>Liberalisation of Economy
The economic liberalisation in India aimed at reducing the role of which sector?
HARD
Other Subjects>Economics>Liberalisation, Privatisation and Globalisation>Liberalisation of Economy
In which year did India initiate its economic liberalisation programme?
HARD
Other Subjects>Economics>Liberalisation, Privatisation and Globalisation>Liberalisation of Economy
Which international financial institution played a significant role in India's economic liberalisation?
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Other Subjects>Economics>Liberalisation, Privatisation and Globalisation>Liberalisation of Economy
European Monetary Union was created in:
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Other Subjects>Economics>Liberalisation, Privatisation and Globalisation>Liberalisation of Economy
Some Scholars question the usefullness of India being a member of _____ the organisation as a major volume of international trade occurs among the developed nations. Identify the organisation.
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Other Subjects>Economics>Liberalisation, Privatisation and Globalisation>Liberalisation of Economy
Adoption of new technology is called ____.
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Other Subjects>Economics>Liberalisation, Privatisation and Globalisation>Liberalisation of Economy

Arrange the following elements in correct chronological sequence (earliest to latest):

(A) Smithsonian Agreement

(B) Bretton Woods Conference

(C) Establishment of WTO

(D) Gold Standard

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Other Subjects>Economics>Liberalisation, Privatisation and Globalisation>Liberalisation of Economy

Owing to the current political instability across many countries, the Indian rupee has sharply lost its value in terms of US dollars. The impact of this would be:

(A) A rise in imports from USA

(B) A fall in imports from USA

(C) A rise in exports to USA

(D) A fall in exports to USA

Choose the correct answer from the options given below:

HARD
Other Subjects>Economics>Liberalisation, Privatisation and Globalisation>Liberalisation of Economy
Which term refers to the integration of national economies into the international economy through trade, foreign direct investment, capital flows, and the spread of technology?
HARD
Other Subjects>Economics>Liberalisation, Privatisation and Globalisation>Liberalisation of Economy
Which international organization is primarily responsible for overseeing global trade rules as part of economic globalisation?
HARD
Other Subjects>Economics>Liberalisation, Privatisation and Globalisation>Liberalisation of Economy
Which term describes the process of removing or reducing government restrictions on economic activities to encourage free-market competition?
HARD
Other Subjects>Economics>Liberalisation, Privatisation and Globalisation>Liberalisation of Economy
Which policy measure is associated with reducing government control over industries and allowing private sector participation?
HARD
Other Subjects>Economics>Liberalisation, Privatisation and Globalisation>Liberalisation of Economy
In which year did India adopt the New Economic Policy that included measures for liberalisation, privatisation, and globalisation?