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Question
Statement 1: Great Proletarian Cultural Revolution was introduced in China in 1950's.
Statement 2: China's growth is mainly contributed by the manufacturing sector.
In the light of given statements, choose the correct alternative from the following:
Options
Statement 1 is true and Statement 2 is false.
Statement 1 is false and Statement 2 is true.
Both statements 1 and 2 are true.
Both statements 1 and 2 are false.
Solution
Statement 1 is true and Statement 2 is false.
Explanation:
China launched the Great Proletarian Cultural Revolution in 1965. China focused on the manufacturing sector, which resulted in an increase in GDP growth.
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| Column A | Column B | ||
| (1) | India | (a) | Economic reforms in 1997 |
| (2) | Pakistan | (b) | Economic reforms in 1991 |
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| COLUMN I | COLUMN II | ||
| i | Dual Pricing | A | Economic Reforms of 1991 |
| ii | Setting up of Special Economic Zones in China | B | To attract foreign Direct Investment |
| iii | Commune System | C | Backyard based Industrial production units |
| iv | Great Proletarian Cultural Revolution | D | Collective Farming |
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Statement 2: Pakistan has successfully implemented the SEZ policy and reaped its benefits using the Export Promotion policy.
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