Economic Reforms Since 1991
19 solved questions from Class 12 Economics, each with the full working. Tap any question to see the step-by-step solution.
- 1 What is the primary topic or theoretical principle explored in 'Economic Reforms Since 1991' (Class 12 ECONOMICS)? medium MCQ Chapter Core Principle
- 2 Which key mechanism or analytical rule is highlighted in 'Economic Reforms Since 1991'? medium MCQ Key Analytical Mechanism
- 3 What is the primary topic or principle explained in 'Economic Reforms Since 1991' (Class 12 Economics)? medium MCQ Chapter Core Concept
- 4 Which key observation or fact is central to understanding 'Economic Reforms Since 1991'? medium MCQ Key Fact & Mechanism
- 5 Why is the study of 'Economic Reforms Since 1991' important for students of Class 12? medium MCQ Learning Significance
- 6 What is a common application or real-world example related to 'Economic Reforms Since 1991'? medium MCQ Real World Application
- 7 What key takeaway should students retain after completing 'Economic Reforms Since 1991'? medium MCQ Chapter Summary & Takeaway
- 8 In the fiscal year 1995-96, foreign direct investment (FDI) inflow to India was ₹ 4,500 crore. In 2000-01, it rose to ₹ 14,800 crore. Calculate the percentage increase in FDI inflow over this period. medium 2 marks FDI growth calculation
- 9 Using the data below, evaluate how trade liberalization since 1991 has affected India's agricultural export earnings. In 1990-91, agricultural exports were ₹ 1,200 crore, and by 2015-16 they grew to ₹ 7,800 crore. Discuss the role of reduced import duties, export subsidies, and market access in this change. hard 4 marks Impact of trade liberalisation on agri exports
- 10 Which of the following reforms was introduced in 1991 to remove industrial licensing for most manufacturing activities? easy MCQ 1 mark Industrial licensing deregulation
- 11 Define 'privatization' as per the 1991 economic reforms and mention any two public sector undertakings that were privatized after 1991. medium 2 marks Privatization definition and examples
- 12 In the fiscal year 1995-96, foreign direct investment (FDI) inflow to India was ₹4,500 crore. In 2000-01, it rose to ₹14,800 crore. Calculate the percentage increase in FDI inflow over this period. medium 3 marks Percentage change in FDI
- 13 Using the data below, evaluate how trade liberalization since 1991 has affected India's agricultural export earnings. In 1990-91, agricultural exports were ₹1,200 crore, and by 2015-16 they grew to ₹7,800 crore. Discuss the role of reduced import duties, export subsidies, and market access in this change. hard 5 marks Impact of trade liberalisation on agriculture exports
- 14 Define ‘privatization’ as per the 1991 economic reforms and mention any two public sector undertakings that were privatized after 1991. medium 2 marks Privatization definition and examples
- 15 Which of the following reforms was introduced in 1991 to remove industrial licensing for most manufacturing activities? easy MCQ 1 mark Industrial licensing removal
- 16 Define ‘privatization’ as per the 1991 economic reforms and name any two public sector undertakings that were privatized after 1991. Discuss the impact of privatization on efficiency and service delivery. hard 5 marks Privatization impact on efficiency
- 17 India’s agricultural export earnings were ₹1,500 crore in 1990-91 and ₹8,000 crore in 2015-16. Compute the compound annual growth rate (CAGR) of agricultural exports over this 25‑year period. hard 4 marks CAGR calculation for export growth
- 18 Which of the following reforms introduced in 1991 removed the requirement of industrial licensing for most manufacturing activities? easy MCQ 1 mark Removal of industrial licensing
- 19 In 1995-96, foreign direct investment inflow to India was ₹5,000 crore. By 2000-01 it increased to ₹15,000 crore. Calculate the percentage increase in FDI over this period. medium 3 marks Percentage change in FDI