Indian Economic Development

Economic Reforms (1991)

Easy

Adoption of new technology is called __________.

Liberalisation

Modernisation

Globalisation

Green Revolution

✅ Correct Option: 2

Modernisation refers to the adoption of new technology and also a change in social outlook (such as recognising the equal role of women). Liberalisation means removing restrictions, Globalisation means integration with world economy, and Green Revolution relates specifically to agriculture.

2026: 13 May Shift 2

Which is NOT an example of public enterprise with their status as 'Miniratnas'?

2023: 28 May Shift 2

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.

2026: 20 May Shift 1

Which of the following public sector enterprise is a part of Maharatnas?

2026: 19 May Shift 2

The origin of the financial crisis lead to adoption of structural reforms. Which of the following is not the possible causes for the same?

2022: 16 July Shift 2

Arrange the following in correct chronological order:

A. Goods and Service Tax came into effect

B. WTO was founded

C. GATT was established

D. Demonetization in India

E. Privatization of Air India

Choose the correct answer from the options given below:

2026: 12 May Shift 1

Stabilisation measures under New Economic Policy directly targeted to which of the following?

Adoption of new technology is called __________.

Solution

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