MCQ Class 11 Economics Chapter 3 Liberalization, Privatization and Globalization -An Appraisal

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Indian Economic Development

MCQ’s For All Chapters – Economics Class 11th

1. Which of the following is the feature of New Economic Reforms ?

Question 1 of 20

2. MUDRA Bank was set up to meet the credit needs of the _

Question 2 of 20

3. Why there was a need for economic reforms in India?

Question 3 of 20

4. How many industries are entirely reserved for the public sector?

Question 4 of 20

5. Who is the Chairman of the GST Council?

Question 5 of 20

6. New Economic Policy was introduced in the year___________.

Question 6 of 20

7. Special Economic Zones (SEZ) developed by the Government of India aim

Question 7 of 20

8. Where is the headquarters of WTO located?

Question 8 of 20

9. Freedom of the producing units from direct or physical control imposed by the government is called____

Question 9 of 20

10. FDI (Foreign Direct Investment) attracted by globalisation in India belongs to the

Question 10 of 20

11. When was WTO established?

Question 11 of 20

12. If a country liberalises its trade, it will make the country more attractive for

Question 12 of 20

13. Globalisation has improved the living structure of which of the following?

Question 13 of 20

14. Where is the headquarters of WTO located?

Question 14 of 20

15. Economic reforms were introduced in India in the year _________

Question 15 of 20

16. Tax on imports is an example of:

Question 16 of 20

17. For how many industries, licensing is still necessary?

Question 17 of 20

18. Which one of the following is a major benefit of joint production between a local company and a Multi-National Company?

Question 18 of 20

19. Which of the following replaced MRTP Act?

Question 19 of 20

20. When did the Gulf Crisis take place?

Question 20 of 20

MCQ
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