At present India is the _______ largest foreign exchange holder of the world.

1. fifth.
2. sixth.
3. seventh.
4. eighth.

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.

Which of the following statements is true?

1. Privatisation and disinvestment is one and the same thing.
2. Every privatisation is disinvestment.
3. Every disinvestment is privatisation.
4. Disinvestment is broader than privatisation.

The process of privatisation is where:

1. A company is transferred to a non-profit organization.
2. Services that were previously supplied are outsourced.
3. A few public sector enterprises are sold to private sector.
4. A state industry merges with or takes over a private or publicly owned company.

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

Public sector not performed as much as it was expected under economic reforms due to:

1. Lack of competition.
2. Huge losses of PSU.
3. Managerial inefficiency.
4. All of the above.

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.

Financial sector reforms mainly relate to:

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

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.