What was the immediate crisis India faced in the beginning of the 1990s?

1. Inflation.
2. Debt trap.
3. Foreign exchange crisis.
4. All of the above.

When was Navratna Policy announced?

1. 1992
2. 1991
3. 1995
4. 1996

India has been a favourite destination of outsourcing because:

1. India has English speaking youth.
2. India has well developed IT sector.
3. Indian government policies are favourable for outsourcing.
4. All of the above.

When was WTO established?

1. 1991
2. 1981
3. 1995
4. 2000

________ was the predecessor organisation to World Trade Organisation (WTO).

1. International Bank for Reconstruction and Development (IBRD)
2. International Monetary Fund (IMF)
3. Reserve Bank of India (RBI)
4. General Agreement on Tariffs and Trade (GATT)

Which market form has declined with coming of NEP?

1. Monopoly Market.
2. Perfect Competition.
3. Oligopoly.
4. Monopolistic Competition.

Which of the following is not a method of privatisation?

1. Disinvestment.
2. Sale of PSUs to private sector.
3. Contraction of PSUs.
4. Sale of PSUs to government.

How many countries are members of WTO at present?

1. 190
2. 156
3. 153
4. 180

How many industries are reserved for public sector at present?

1. 4
2. 17
3. 10
4. 3

IMF stands for:

1. International Monetary Foundation.
2. Internal Monetary Fund.
3. International Monetary Fund.
4. International Money Foundation.