AfterBoards Logo
Skip to main contentSkip to solution

CUET Economics 2024 PYQs16 May. Free, no login required.

Indian Economic Development

past year questions, CUET Economics 2024 16 May

Economic Reforms (1991)

past year questions, Indian Economic Development, CUET Economics 2024 16 May

Hard

Arrange the following items in correct sequence:

(A) Competition Act

(B) FEMA

(C) FERA

(D) MRTP

Solution

✅ Correct Option: 3
  1. Competition Act → Regulates market competition.
  2. FEMA → Foreign Exchange Management Act.
  3. FERA → Foreign Exchange Regulation Act.
  4. MRTP → Monopolies and Restrictive Trade Practices.

MRTP (1970) → FERA (1973) → FEMA (1999) → Competition Act (2002).

Related questions:

2026: 12 May Shift 1

Match List-I with List-II

List-IList-II
(A) Multilateral trade agreements(I) Outsourcing
(B) Liberalization(II) Disinvestment
(C) Globalization(III) WTO
(D) Privatization(IV) FDI

Choose the correct answer from the options given below:

2023: 1 June Shift 1

Identify the statement associated with Indian Economic Crisis of 1991?

2023: 28 May Shift 2

Adoption of new technology is called __________.

2026: 21 May Shift 1

Privatisation of the public sector enterprises (PSEs) by selling off part of the equity of PSE's to the public is known as ..................

2026: 11 May Shift 2

Which of the following is NOT true for Globalisation as adopted by India under 'New Economic Policy-1991'?

2026: 11 May Shift 1

Which of the following combinations about liberalization are correct?

A. Deregulation of industrial Sector.

B. Rupee was revalued against foreign currencies.

C. Foreign Institutional investors are allowed to invest in Indian financial markets.

D. Removal of export duties.

Choose the correct answer from the options given below:

Keyboard Shortcuts

  • Left arrow: Previous question
  • Right arrow: Next question
  • S key: Jump to solution
  • Q key: Jump to question

CUET Economics Past Year Questions (Topic-Wise)