In which year was the economic liberalization in India initiated? [#1219]
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Q1. In which year was the economic liberalization in India initiated?
Q1. In which year was the economic liberalization in India initiated?
(A) 2005
(A) 2005
(A) 2005
(B) 2014
(B) 2014
(B) 2014
(C) 1978
(C) 1978
(C) 1978
(D) 1991
(D) 1991
(D) 1991
Answer: (D) 1991
Answer: (D) 1991
Answer: (D) 1991
Economic liberalization in India was initiated in 1991. The reforms were introduced in July 1991 by the minority government of Prime Minister P.V. Narasimha Rao and Finance Minister Dr. Manmohan Singh. The reforms were a response to a balance of payments crisis and were part of an International Monetary Fund (IMF) program.
Economic liberalization in India was initiated in 1991. The reforms were introduced in July 1991 by the minority government of Prime Minister P.V. Narasimha Rao and Finance Minister Dr. Manmohan Singh. The reforms were a response to a balance of payments crisis and were part of an International Monetary Fund (IMF) program.
Economic liberalization in India was initiated in 1991. The reforms were introduced in July 1991 by the minority government of Prime Minister P.V. Narasimha Rao and Finance Minister Dr. Manmohan Singh. The reforms were a response to a balance of payments crisis and were part of an International Monetary Fund (IMF) program.
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Related MCQ Quizzes
Q1. Which Assamese historian and scholar is credited with writing the "Buranjis", a comprehensive history of Assam?
Q1. Which Assamese historian and scholar is credited with writing the "Buranjis", a comprehensive history of Assam?
(A) Kaliram Medhi
(A) Kaliram Medhi
(A) Kaliram Medhi
(B) Gunabhiram Barua
(B) Gunabhiram Barua
(B) Gunabhiram Barua
(C) Padmanath Gohain Barua
(C) Padmanath Gohain Barua
(C) Padmanath Gohain Barua
(D) Suryya Kumar Bhuyan
(D) Suryya Kumar Bhuyan
(D) Suryya Kumar Bhuyan
Answer: (D) Suryya Kumar Bhuyan
Answer: (D) Suryya Kumar Bhuyan
Answer: (D) Suryya Kumar Bhuyan
Suryya Kumar Bhuyan was a renowned Assamese historian and scholar who wrote the "Buranjis", a comprehensive history of Assam. He was a pioneer in the field of Assamese historiography and his works are considered classics in the study of Assam's history and culture.
Suryya Kumar Bhuyan was a renowned Assamese historian and scholar who wrote the "Buranjis", a comprehensive history of Assam. He was a pioneer in the field of Assamese historiography and his works are considered classics in the study of Assam's history and culture.
Suryya Kumar Bhuyan was a renowned Assamese historian and scholar who wrote the "Buranjis", a comprehensive history of Assam. He was a pioneer in the field of Assamese historiography and his works are considered classics in the study of Assam's history and culture.
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Q2. Who is known as Frontier Gandhi?
Q2. Who is known as Frontier Gandhi?
(A) Bala Ghangadhara Tilak
(A) Bala Ghangadhara Tilak
(A) Bala Ghangadhara Tilak
(B) Gopala Krishana Gohalae
(B) Gopala Krishana Gohalae
(B) Gopala Krishana Gohalae
(C) MD Jinnah
(C) MD Jinnah
(C) MD Jinnah
(D) Abdul Gaffer Khan
(D) Abdul Gaffer Khan
(D) Abdul Gaffer Khan
Answer: (D) Abdul Gaffer Khan
Answer: (D) Abdul Gaffer Khan
Answer: (D) Abdul Gaffer Khan
Abdul Ghaffar Khan (1890 - 1988) was a political and spiritual leader who was known as the "Frontier Gandhi". He was a Pashtun independence activist and a close friend of Mahatma Gandhi.
Abdul Ghaffar Khan (1890 - 1988) was a political and spiritual leader who was known as the "Frontier Gandhi". He was a Pashtun independence activist and a close friend of Mahatma Gandhi.
Abdul Ghaffar Khan (1890 - 1988) was a political and spiritual leader who was known as the "Frontier Gandhi". He was a Pashtun independence activist and a close friend of Mahatma Gandhi.
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Q3. Who designed the National flag of India?
Q3. Who designed the National flag of India?
(A) Dr. B.R. Ambedkar
(A) Dr. B.R. Ambedkar
(A) Dr. B.R. Ambedkar
(B) Madam Cama
(B) Madam Cama
(B) Madam Cama
(C) Pingali Venkayya
(C) Pingali Venkayya
(C) Pingali Venkayya
(D) Sucheta Kriplani
(D) Sucheta Kriplani
(D) Sucheta Kriplani
Answer: (C) Pingali Venkayya
Answer: (C) Pingali Venkayya
Answer: (C) Pingali Venkayya
The National Flag of India was designed by Pingali Venkayya in 1921. It was a tricolour Flag with Saffron, White, and Green, with the Ashok Chakra at the centre. The National Flag was adopted on 22nd July 1947.
The National Flag of India was designed by Pingali Venkayya in 1921. It was a tricolour Flag with Saffron, White, and Green, with the Ashok Chakra at the centre. The National Flag was adopted on 22nd July 1947.
The National Flag of India was designed by Pingali Venkayya in 1921. It was a tricolour Flag with Saffron, White, and Green, with the Ashok Chakra at the centre. The National Flag was adopted on 22nd July 1947.
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Q4. Amongst the following rivers, which one does not originate from the Himalayas?
Q4. Amongst the following rivers, which one does not originate from the Himalayas?
(A) Indus
(A) Indus
(A) Indus
(B) Ganga
(B) Ganga
(B) Ganga
(C) Yamuna
(C) Yamuna
(C) Yamuna
(D) Narmada
(D) Narmada
(D) Narmada
Answer: (D) Narmada
Answer: (D) Narmada
Answer: (D) Narmada
The Narmada River is the fifth largest river in India and the longest river that flows west in the country. It is 1,312 kilometers (815 miles) long and flows through Madhya Pradesh, Maharashtra, and Gujarat before reaching the Gulf of Cambay in the Arabian Sea. The river originates near the Amarkantak range of mountains in Madhya Pradesh at an elevation of about 900 meters.
The Narmada River is the fifth largest river in India and the longest river that flows west in the country. It is 1,312 kilometers (815 miles) long and flows through Madhya Pradesh, Maharashtra, and Gujarat before reaching the Gulf of Cambay in the Arabian Sea. The river originates near the Amarkantak range of mountains in Madhya Pradesh at an elevation of about 900 meters.
The Narmada River is the fifth largest river in India and the longest river that flows west in the country. It is 1,312 kilometers (815 miles) long and flows through Madhya Pradesh, Maharashtra, and Gujarat before reaching the Gulf of Cambay in the Arabian Sea. The river originates near the Amarkantak range of mountains in Madhya Pradesh at an elevation of about 900 meters.
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Q5. Which is the form of market where there is lack of competition?
Q5. Which is the form of market where there is lack of competition?
(A) Monopoly
(A) Monopoly
(A) Monopoly
(B) Oligopoly
(B) Oligopoly
(B) Oligopoly
(C) Perfect Competition
(C) Perfect Competition
(C) Perfect Competition
(D) Maretization
(D) Maretization
(D) Maretization
Answer: (A) Monopoly
Answer: (A) Monopoly
Answer: (A) Monopoly
A monopoly market, in simple terms, means a single seller selling a unique product. The seller dominates the market by offering a unique product, setting its own prices, and high barriers restricting new entrants.
A monopoly market, in simple terms, means a single seller selling a unique product. The seller dominates the market by offering a unique product, setting its own prices, and high barriers restricting new entrants.
A monopoly market, in simple terms, means a single seller selling a unique product. The seller dominates the market by offering a unique product, setting its own prices, and high barriers restricting new entrants.
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Q6. Which article of Indian constitution deals with constitutional amendments?
Q6. Which article of Indian constitution deals with constitutional amendments?
(A) Article 348
(A) Article 348
(A) Article 348
(B) Article 366
(B) Article 366
(B) Article 366
(C) Article 186
(C) Article 186
(C) Article 186
(D) Article 368
(D) Article 368
(D) Article 368
Answer: (D) Article 368
Answer: (D) Article 368
Answer: (D) Article 368
Article 368
Article 368
Article 368
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Q7. Who was the first Chief Commissioner of Assam Province?
Q7. Who was the first Chief Commissioner of Assam Province?
(A) Andrew Fraser
(A) Andrew Fraser
(A) Andrew Fraser
(B) Bamfylde Fuller
(B) Bamfylde Fuller
(B) Bamfylde Fuller
(C) William E. Ward
(C) William E. Ward
(C) William E. Ward
(D) Richard Harte Keatinge
(D) Richard Harte Keatinge
(D) Richard Harte Keatinge
Answer: (D) Richard Harte Keatinge
Answer: (D) Richard Harte Keatinge
Answer: (D) Richard Harte Keatinge
Richard Harte Keatinge was the first chief commissioner of Assam.
Richard Harte Keatinge was the first chief commissioner of Assam.
Richard Harte Keatinge was the first chief commissioner of Assam.
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Q8. Which planet in our solar system has the most natural satellites?
Q8. Which planet in our solar system has the most natural satellites?
(A) Jupiter
(A) Jupiter
(A) Jupiter
(B) Saturn
(B) Saturn
(B) Saturn
(C) Uranus
(C) Uranus
(C) Uranus
(D) Neptune
(D) Neptune
(D) Neptune
Answer: (A) Jupiter
Answer: (A) Jupiter
Answer: (A) Jupiter
Jupiter has a total of 92 confirmed natural satellites, with the largest four being Io, Europa, Ganymede, and Callisto. These four moons are known as the Galilean moons, as they were discovered by Galileo Galilei in 1610.
Jupiter has a total of 92 confirmed natural satellites, with the largest four being Io, Europa, Ganymede, and Callisto. These four moons are known as the Galilean moons, as they were discovered by Galileo Galilei in 1610.
Jupiter has a total of 92 confirmed natural satellites, with the largest four being Io, Europa, Ganymede, and Callisto. These four moons are known as the Galilean moons, as they were discovered by Galileo Galilei in 1610.
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Q9. An income which is not declared by a person or a group of persons in a nation is termed as?
Q9. An income which is not declared by a person or a group of persons in a nation is termed as?
(A) High powered money
(A) High powered money
(A) High powered money
(B) Fiat money
(B) Fiat money
(B) Fiat money
(C) Hot money
(C) Hot money
(C) Hot money
(D) Black money
(D) Black money
(D) Black money
Answer: (D) Black money
Answer: (D) Black money
Answer: (D) Black money
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
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Q10. Which of these is the small-scale industry in India?
Q10. Which of these is the small-scale industry in India?
(A) Jute industry
(A) Jute industry
(A) Jute industry
(B) Paper Industry
(B) Paper Industry
(B) Paper Industry
(C) Textile Industry
(C) Textile Industry
(C) Textile Industry
(D) Handloom Industry
(D) Handloom Industry
(D) Handloom Industry
Answer: (D) Handloom Industry
Answer: (D) Handloom Industry
Answer: (D) Handloom Industry
In India, small-scale industries (SSIs) are typically characterized by lower capital investment, localized operations, and often labor-intensive production methods. Among the given options, the Handloom Industry most closely aligns with this definition. It consists of highly decentralized units where skilled artisans manually weave fabrics, contrasting sharply with the large-scale, capital-intensive operations of the Jute, Paper, and broader Textile industries which often involve significant machinery and factory-based production. The handloom sector, despite its large overall employment, operates on a very small unit-by-unit basis.
In India, small-scale industries (SSIs) are typically characterized by lower capital investment, localized operations, and often labor-intensive production methods. Among the given options, the Handloom Industry most closely aligns with this definition. It consists of highly decentralized units where skilled artisans manually weave fabrics, contrasting sharply with the large-scale, capital-intensive operations of the Jute, Paper, and broader Textile industries which often involve significant machinery and factory-based production. The handloom sector, despite its large overall employment, operates on a very small unit-by-unit basis.
In India, small-scale industries (SSIs) are typically characterized by lower capital investment, localized operations, and often labor-intensive production methods. Among the given options, the Handloom Industry most closely aligns with this definition. It consists of highly decentralized units where skilled artisans manually weave fabrics, contrasting sharply with the large-scale, capital-intensive operations of the Jute, Paper, and broader Textile industries which often involve significant machinery and factory-based production. The handloom sector, despite its large overall employment, operates on a very small unit-by-unit basis.
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