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Economic Reforms since 1991 (LPG) · Question 56 of 65

Question 56

MediumOriginal question

Assertion (A): India became a leading exporter of IT services after the reforms.

Reason (R): Globalisation and outsourcing opened world markets to Indian service firms.

Options for question 56

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. Once the economy opened, Indian IT firms could sell their services abroad.

  2. R explains A.

Concept
Successes of reform
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.