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प्रश्न
Assertion (A): Delicensing of industries was an important step taken under liberalization.
Reasoning (R): Unwanted controls and restrictions led to economic stagnation prior to 1991.
पर्याय
(A) is TRUE but (R) is FALSE
(A) is FALSE but (R) is TRUE
(A) and (R) both are TRUE and (R) is the correct explanation of (A)
(A) and (R) both are TRUE but (R) is not the correct explanation of (A)
उत्तर
(A) and (R) both are TRUE and (R) is the correct explanation of (A).
Explanation:
- Assertion (A): Delicensing sectors was a significant step towards liberalization. This gave industries more leeway to operate without requiring licenses in many sectors, encouraging expansion and competition.
- Reason (R): Before 1991, heavy regulations and limitations (also known as the "License Raj") slowed economic progress, resulting in stagnation.
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संबंधित प्रश्न
Complete the following statement by choosing the correct alternative :
The new economic policy approved foreign technology in___________
Assertion and Reasoning type of question:
Assertion (A): Post liberalization, the sale of domestic goods has increased.
Reasoning (R): The demand for imported goods had increased due to liberal policy.
Assertion and Reasoning type of question:
Assertion (A): Due to Globalisation, a country cannot achieve self- sufficiency in food production.
Reasoning (R): Globalisation has created a revolution in IT sector.
Find the odd word out:
New Economic Policy -
Find the odd word out:
Industries requiring compulsory licensing -
Find the odd word out:
Navratna status companies -
Find the odd word out:
Liberalization dealt with the following -
Identify and explain the concept from the given illustration:
Vehicles manufactured by various automobile companies are now available in India.
Identify and explain the concept from the given illustration:
Government equity in some public sector enterprises is sold to the private sector.
Identify and explain the concept from the given illustration:
Foreign investments are encouraged on a large scale in the industrial sector of India.
Do you agree or disagree with the following statement? Give reasons:
Liberalisation has permitted the use of foreign technology.
Do you agree or disagree with the following statement? Give reasons:
Government has given private enterprises free access to public sector.
Do you agree or disagree with the following statement? Give reasons:
Government has monopoly in insurance sector.
Do you agree or disagree with the following statement? Give reasons:
The creation of the National Renewal Board was done to remove poverty.
Do you agree or disagree with the following statement? Give reasons:
Indian Oil Corporation is one of the public sector units among 'Navratnas'.
Explain the measures undertaken for globalisation.
