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 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.

IMF stands for:

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

When was Navratna Policy announced?

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

What was the one major proposal of new industrial policy (1991)?

1. NRI's will not be allowed for capital investment in India.
2. Facility of FDI upto 51 percent in high priority industries.
3. Import restrictions on technical know how for one year.
4. Abolition of industrial licencing except for six industries.

LPG stands for:

1. Liberalisation, Production and Global Cooperation.
2. Liberalisation, Privatisation and Globalisation.
3. License, Privatisation and Globalisation.
4. License, Permit and Goods.

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.

Predecessor of WTO is:

1. General Agreement on Trade and Tariff.
2. General Announcement on Trade and Tax.
3. General Agreement on Taxes and Trials.
4. None of the above.

Financial sector reforms mainly relate to:

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

Which sector have faced some adverse impacts of NEP?

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