Chapter 6: Development Experience (1947–90) & Economic Reforms since 1991
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Overall impact of reforms:
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Reforms encouraged:
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Major criticism of reforms:
4 / 50
Liberalization improved:
5 / 50
WTO deals with:
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Public sector role:
7 / 50
Agriculture sector growth:
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Inequality after reforms:
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Poverty after reforms:
10 / 50
IT sector growth boosted:
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Service sector growth:
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Globalization led to:
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SEZ stands for:
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Import duties were:
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Exchange rate became:
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Disinvestment means:
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FDI means:
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MRTP Act aimed to:
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Industrial licensing was:
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Globalization means:
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Privatization means:
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Liberalization means:
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LPG stands for:
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Reforms were introduced due to:
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Economic reforms began in:
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Major limitation of this period:
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This growth rate is called:
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Growth rate during 1950–90 was about:
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Unemployment was:
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Poverty remained:
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Foreign exchange was:
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Trade policy was:
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Small-scale industries were promoted to:
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Import substitution aimed at:
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License system controlled:
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Industrial policy of 1956 emphasized:
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Which crop benefited most?
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Green Revolution increased:
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Green Revolution was introduced in:
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Zamindari system was abolished to:
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Land reforms aimed at:
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Public sector was given importance to:
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Which plan focused on heavy industries?
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The Mahalanobis model emphasized:
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The main aim of planning was:
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Planning Commission was set up in:
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The First Five-Year Plan was launched in:
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The planning in India was inspired by:
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The economic system of India post-1947 is called:
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After independence, India adopted:
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