IMPORTANT QUESTIONS

Unit II : ECONOMIC REFORMS SINCE 1991

CHAPTER 3: Liberalisation, Privatisation and Globalisation: An Appraisal

1. What were the causes of Economic crisis?
2. Highlight the points needed for economic reforms in the country?
3. Describe emergence of new economic policy (NEP)?
4. Define the term Liberalisation with its objectives?
5. What economic reforms were made under liberalisation?
6. Define privatisation and Globalisation briefly?
7. What do you mean by outsourcing?
8. Write a short note on WTO?
9. Write the main highlights of economic growth during reforms?
10. Briefly explain the failures of economic reforms?
11. Define Disinvestment?
12. Agriculture sector appears to be adversely affected by the reform process. Why?