Practice The Industrial Policy Of 1991 (6.2) - Chapter 5: Industries

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6 sample questions

Question 1.
Define liberalization.
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Think about how it opens up the economy.
Question 2.
What is deregulation?
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Consider its impact on businesses.
3Question 3.
What was the primary aim of the Industrial Policy of 1991?
- A) Increase government control
- B) Encourage foreign investment
- C) Limit entrepreneurship
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Think of what 'investment' means in terms of economy.
4Question 4.
True or False: Liberalization increased government control over industries.
- True
- False
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Consider the definition of liberalization.
Question 5.
Critically evaluate the long-term impacts of the Industrial Policy of 1991 on small-scale industries in India.
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Use examples of industries affected by the policy.
Question 6.
Assess the global reaction to India's shifts towards liberalization and foreign investment.
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Consider how other countries viewed India's market changes.

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