Challenger App

No.1 PSC Learning App

1M+ Downloads
What was the primary objective of India's economic liberalization?

AReduce poverty

BIncrease government revenue

CPromote economic growth

DReduce inflation

Answer:

C. Promote economic growth

Read Explanation:

  • Primary objective of India's economic liberalization is that Promote economic growth.


Related Questions:

പുറം വാങ്ങല്‍ (Outsourcing) താഴെപ്പറയുന്നവയില്‍ ഏതുമായി ബന്ധപ്പെട്ടിരിക്കുന്നു?

How has globalization impacted the socio-economic landscape of India?

  1. Increased market competition has bolstered domestic industries, promoting economic growth.
  2. The dominance of multinational corporations has led to wider economic inequalities.
  3. Economic liberalization has encouraged the development of small and medium-sized enterprises (SMEs).
  4. The rise of a consumer credit society has enabled individuals to make purchases beyond their means.
    സർക്കാർ സ്വീകരിച്ച ഉദാരവൽക്കരണത്തിന് കീഴിൽ ഉൾപ്പെടുത്തിയിട്ടുള്ള പരിഷ്‌കാരങ്ങൾ ഏത് ?

    The main objective of the New Economic Policy (NEP) of India (1991)

    1. i. To bring down poverty and unemployment.
    2. To bring down the rate of inflation and remove imbalances in payment.
    3. To move towards a higher economic growth rate and build sufficient foreign exchangereserves.
    4. To plunge the Indian economy into the arena of Globalization and to give it a newthrust on market orientation.

    Which of the above statements are not correct ? 

     

    What is globalization's impact on economic liberalization?