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Economic Reforms since 1991 (LPG) · Question 54 of 65

Question 54

MediumOriginal question

Industrial growth slowed in some years after the reforms because

Options for question 54

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. Lower tariffs brought in cheaper imports, which took demand from domestic producers.

  2. Infrastructure such as power remained inadequate.

Concept
Reforms and industry
Typical time
70 s
Your time
—
The rule this testsAn appraisal of the 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.