Which sector have faced some adverse impacts of NEP?

1. Agricultural Sector.
2. Industrial Sector.
3. Both (a) and (b).
4. None of these.

How many industries still need license for its operations?

1. 4
2. 6
3. 8
4. 10

Financial sector reforms mainly relate to:

1. Banking sector.
2. Insurance sector.
3. Both (a) and (b).
4. Stock market.

When was New Economic Policy introduced in India?

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

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.

_______ sector has got maximum boost from new economic policy 1991.

1. Primary Sector.
2. Secondary Sector.
3. Tertiary Sector.
4. All of the above.

Name the Finance Minister who took a decision to introduce reforms in India.

1. P. Chiambaram.
2. Narsimha Rao.
3. Dr. Manmohan Singh.
4. Arun Jetli.

__________________ means the excess of anticipated expenditures over estimated revenue.

1. Surplus.
2. Deficit.
3. Loss.
4. Profit.

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.