Economic Reforms Since 1991
A comprehensive worksheet on the economic reforms introduced in India since 1991, covering liberalisation, privatisation, globalisation, and their impact on the Indian economy. Total: 40 marks.
Section A — Multiple Choice Questions [6 Marks]
Choose the most appropriate answer for each question.
What was the primary reason for the introduction of economic reforms in India in 1991?
The process of selling off part of the equity of Public Sector Enterprises (PSEs) to the public is known as:
The World Trade Organisation (WTO) was founded in 1995 as the successor organisation to the:
Hiring regular services from external sources, often in other countries, is a key outcome of globalisation known as:
The New Economic Policy (NEP) introduced in 1991 can be broadly classified into which two groups of measures?
Section B — True or False [5 Marks]
State whether the following statements are true or false.
Section C — Fill in the Blanks [5 Marks]
Complete the following sentences with the correct terms.
Section D — Match the Following [5 Marks]
Match the terms in Column A with their correct descriptions in Column B.
Section E — Short Answer Questions [14 Marks]
Answer the following questions briefly.
Section F — Data Interpretation [5 Marks]
Study Table 3.1 regarding the Growth of GDP and Major Sectors and answer the questions that follow.