SawaalBoxसवाल बॉक्स
1996 · Q27Indian EconomyEconomic Planning & Five-Year Plansmoderate

Which one of the following is correct regarding stabilization and structural adjustment as two components of the new economic policy adopted in India?

  1. (a)Stabilization is a gradual, multi-step process while structural adjustment is a quick adaptation process
  2. (b)Structural adjustment is a gradual, multi-step process, while stabilization is a quick adaptation process
  3. (c)Stabilization and structural adjustment are very similar and complementary policies. It is difficult to separate one from the other
  4. (d)Stabilization mainly deals with a set of policies which are to be implemented by the Central Government while structural adjustment is to be set in motion by the State Governments
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Official answer(b) Structural adjustment is a gradual, multi-step process, while stabilization is a quick adaptation process

2019 · Q70Indian EconomyEconomic Planning & Five-Year Plansmoderate

With reference to India’s Five-Year Plans, which of the following statements is/are correct? 1. From the Second Five-Year Plan, there was a determined thrust towards substitution of basic and capital good industries. 2. The Fourth Five-Year Plan adopted the objective of correcting the earlier trend of increased concentration of wealth and economic power. 3. In the Fifth Five-Year Plan, for the first time, the financial sector was included as an integral part of the Plan. Select the correct answer using the code given below.

  1. (a)1 and 2 only
  2. (b)2 only
  3. (c)3 only
  4. (d)1, 2 and 3
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Official answer(a) 1 and 2 only

2017 · Q77Indian EconomyEconomic Planning & Five-Year Plansmoderate

Which of the following has/have occurred in India after its liberalization of economic policies in 1991 ? 1. Share of agriculture in GDP increased enormously. 2. Share of India's exports in world trade increased. 3. FDI inflows increased. 4. India's foreign exchange reserves increased enormously. Select the correct answer using the codes given below :

  1. (a)1 and 4 only
  2. (b)2, 3 and 4 only
  3. (c)2 and 3 only
  4. (d)1, 2, 3 and 4
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Official answer(b) 2, 3 and 4 only