How many PSUs were given status of mini ratnas?

1. 108
2. 9
3. 97
4. 21

International body which deals with Multilateral Trade Agreement between nations is:

1. UNO
2. WTO
3. OPEC
4. IBRD

Which of the following is/ are not true for financial sector reforms?

1. The role of RBI changed to regulator.
2. Private sector banks were allowed to work.
3. Bank were allowed to expand their branches without prior approval.
4. All of the above are true.

International Bank for Reconstruction and Development (IBRD) is popularly known as:

1. World Bank.
2. Bank of Tokyo.
3. American Express.
4. HSBC Bank.

Which of the following factors cause government to undertake programmes of public sector reforms?

1. Economic inefficiency in the production activities of the public sector.
2. Rapid and unreasonable expansion of bureaucracy.
3. Lack of accountability and corruption.
4. All the above.

When was New Economic Policy announced?

1. In July, 1991
2. In June, 1991
3. In July, 1996
4. In June, 1992

LQP stands for:

1. License, Quota and Permit.
2. Liberalisation, Quality Improvement and Production.
3. License, quality and Production.
4. Liberalisation, Quota and Permit.

Devaluation of a currency means:

1. Fixing the value of currency in multilateral consultation with the IMF, the World Bank and major trading partners
2. Permitting the currency to seek its worth in the international market.
3. Fixing the value of the currency in conjunction with the movement in the value of a basket of pre-determined currencies.
4. Reduction in the value of domestic currency in relation to other currencies in the world

Which duty has been removed to increase the competitive position of Indian goods in the international markets?

1. Custom duty.
2. Export duty.
3. Import duty.
4. None of the above.

Deregulation of the economy and to introduce the policy of laissez-faire can be achieved through:

1. Liberalisation.
2. Globalisation.
3. Privatisation.
4. None of these.