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Economic Reforms since 1991 (LPG) · Question 58 of 65

Question 58

HardOriginal question

Read the two statements and choose the correct option.

I. Growth after the reforms did not create jobs in proportion to the rise in output.

II. Tariff cuts after 1991 reduced the scope for raising revenue through customs duties.

Options for question 58

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Critics call this jobless growth: I is true.

  2. Lower tariffs mean less customs revenue: II is true.

Concept
Appraisal of reforms
Typical time
100 s
Your time
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The rule this testsAn appraisal of the reforms
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Ten questions from Economic Reforms since 1991 (LPG), at your own pace.

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

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