Indian Economic Development

Economic Reforms (1991)

Easy

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

Inflation

Import Substitution

Disinvestment in Public Sector Enterprise

Outsourcing

✅ Correct Option: 1

The New Economic Policy of 1991 had two sets of measures: stabilisation measures, which were short-run steps to correct the balance of payments crisis and control inflation, and structural reform measures. Among the options, inflation was the direct target of stabilisation measures.

2026: 11 May Shift 2

Match the LIST-I with LIST-II

LIST-I	LIST-II
A. Fiscal policy	I. Specialize in advising companies and managing their equity\debt requirement
B. Multilateral Trade Agreement	II. Optimum utilization of world resources
C. World Trade Organization	III. Actions planned by the government in mobilizing financial resources
D. Merchant Banker	IV. Trade agreement between three or more nations

Choose the correct answer from the options given below:

2026: 31 May Shift 1

Privatisation of the public sector enterprises by selling off partial or full equity of PSEs to the public is known as:

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 ..................

2022: 15 July Shift 2

Liberation of trade and investment regime was initiated in the Indian Economy in 1991 to provide for:

A. International competitiveness of industrial production.

B. Promotion of competitiveness of local industries.

C. Collection of higher tariffs.

D. Adoption of modern technologies

E. Control over imports.

Choose the correct answer from the options given below:

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:

2023: 1 June Shift 1

Identify the statement associated with Indian Economic Crisis of 1991?

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

Solution

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