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  3. 10th Class
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  5. Globalisation

10th Class Social Science Globalisation Question Bank Long Answer Type - Globalisation and The Indian Economy

  • question_answer
    Give the main features of Economic Reforms introduced in 1991.

    Answer:

    Main features of Economic reforms introduced in 1991 in India are:
    (a) Deregulation of Industries.
    (b) Liberalised Policy towards foreign capital and technology.
    (c) Reduced Role for the Public Sector.
    (d) Disinvestment in Public Enterprises.
    (e) Liberalisation of Import Licencing.
    (f) Rationalisation of Tariff Structure.
    (g) Reforms in Foreign Exchange Management.
    (h) Reforms in Financial Sector.


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