Match each 1991 measure with its kind.

Match each 1991 measure with its kind. — CUET Economics practice

Question 14

HardOriginal question

Match each 1991 measure with its kind.

List I	List II
A. Building up foreign exchange reserves	I. Privatisation
B. Ending industrial licensing	II. Stabilisation
C. Selling shares of public sector firms	III. Globalisation
D. Joining the WTO's rules on trade	IV. Liberalisation

A-II, B-I, C-III, D-IVCorrect answerYour answerA-I, B-III, C-II, D-IVCorrect answerYour answerA-II, B-IV, C-I, D-IIICorrect answerYour answerA-I, B-II, C-IV, D-IIICorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer C

Correct answer: C

Reserves are short-run stabilisation; the other three are the structural reforms of LPG.

Concept: Kinds of reform
Typical timeTypical: 120 s
Your timeYours: —

The rule this testsStabilisation and structural reforms

Practise this chapter →

Ten questions from Economic Reforms since 1991 (LPG), at your own pace.

Practise this chapter →

Ten questions from Economic Reforms since 1991 (LPG), at your own pace.

Question 14

Explanation