Economic Reforms and Current Issues — Prelims Questions

Which of the following was NOT a direct consequence of the 1991 economic reforms in India?

Consider the following statements regarding India's economic situation in 1990-91: 1. Foreign exchange reserves had dwindled to cover only a few weeks of imports. 2. The fiscal deficit was at a historically low level. 3. Inflation, as measured by WPI, was in single digits. Which of the statements given above is/are correct?

Which of the following Acts is associated with 'second-generation' economic reforms in India, aiming to improve corporate governance and ease of doing business?

With reference to the Production Linked Incentive (PLI) schemes in India, consider the following statements: 1. They aim to boost domestic manufacturing and attract global investment. 2. They are applicable only to the electronics sector. 3. They are a part of the 'Atmanirbhar Bharat Abhiyan'. Which of the statements given above is/are correct?

Which of the following constitutional articles provides the basis for the freedom of trade, commerce, and intercourse throughout the territory of India, a key principle underlying economic liberalization?