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CUET Economics 2026 PYQs12 May Shift 1. Free, no login required.

Indian Economic Development

past year questions, CUET Economics 2026 12 May Shift 1

Economic Reforms (1991)

past year questions, Indian Economic Development, CUET Economics 2026 12 May Shift 1

Medium

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:

Solution

✅ Correct Option: 4

Multilateral trade agreements are administered by the WTO (III). Liberalization opened the economy to foreign investment, associated with FDI (IV). Outsourcing is a key outcome of globalization (I). Privatization is carried out through disinvestment of public sector equity (II). Hence (A)-(III), (B)-(IV), (C)-(I), (D)-(II).

Related questions:

2024: 16 May

Choose the correct chronological sequence in ascending order (earliest to latest) :

2026: 13 May Shift 2

Match List-I with List-II

List-IList-II
(A) Industrial Sector Reforms(I) Role of RBI from regulator to facilitator
(B) Financial Sector Reforms(II) Dereservation and price fixation by market
(C) Disinvestment(III) Selling off part of the equity of PSEs.
(D) Outsourcing(IV) Hiring regular service from external sources.

Choose the correct answer from the options given below:

2022: 19 July Shift 2

Match List - I with List - II.

List - I (Economic Policy)List - II (Objective)
(A) Outsourcing(I) Integration of the economy of the country with the world economy
(B) Liberalisation(II) Company having regular services from external sources
(C) Globalisation(III) Shedding of ownership/management of a government owned enterprise
(D) Privatisation(IV) Put an end to restrictions that regulate economic activities

Choose the correct answer from the options given below :

2023: 29 May Shift 2

Match List I with List II

LIST ILIST II
A.Reduction in value of currencyI.Disinvestment
B.Dilution of share in organisationII.Inflation
C.Restriction on trade by taxesIII.Devaluation
D.Rise in General price levelIV.Tarrif Barriers

Choose the correct answer from the options given below:

2026: 11 May Shift 1

What does NEP stand for, with reference to the 1991 economic reforms in India?

2023: 29 May Shift 2

_________ measures are _________ measures intended to correct some of weaknesses that have developed in the Balance of payment.

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