Write a brief note on International Monetary Fund (IMF). Also state its objectives.

How is the financial sector in India controlled by the Reserve Bank of India?

List any five such PSUs that are partly privatised.

Why are stabilisation measures also referred to as 'macroeconomic stabilisation measures?

Explain the fiscal reforms introduced under the New Economic Policy.

What are the objectives of WTO?

Read this excerpt of a news item from a daily newspaper describing something that is now becoming increasingly common.
"On a morning, a few minutes before 7A.M., Greeshma sat in front of her computer with her headset on and said in accented English 'Hello, Daniella'. Second later, she gets the reply, 'Hello, Greeshma'. The two chatted excitedly before Greeshma said that we will work on pronouns today'. Nothing unusual about this that except that Greeshma, 22, was in Kochi and her student Daniella, 13, was at her home in Malibu, California. Using a simulated whiteboard on their computers, connected by the Internet, and a copy of Daniella's textbook in front of Greeshma, she guides the teenager through the intricacies of nouns, adjectives and verbs. Greeshma, who grew up speaking Malayalam, was teaching Daniella English grammar, comprehension and writing." 

1. How has this become possible? Why can't Daniella get lessons in her own country? Why is she getting English lessons from India, where English is not the mother tongue? 
2. India is benefitting from liberalisation and integration of world markets. Do you agree?

Write a short note on foreign exchange reforms.

Do you think India has scope in handloom and handicrafts exports?

What was the impact of reforms on growth and employment in India?