Post-Reform Growth Objective Questions
Post-Reform Growth – Objective Questions
Class: 12
Subject: Economics
Section: Economic Reforms since 1991 — Indian Economic Development
Topic: Post-Reform Growth
Board: CBSE Board Examinations
These Multiple Choice Questions (MCQs) are designed strictly as per the NCERT syllabus, making them ideal for CBSE Class 12 Board Exam preparation.
Subject: Economics
Section: Economic Reforms since 1991 — Indian Economic Development
Topic: Post-Reform Growth
Board: CBSE Board Examinations
These Multiple Choice Questions (MCQs) are designed strictly as per the NCERT syllabus, making them ideal for CBSE Class 12 Board Exam preparation.
1. Post-reform period refers to the years after:
Answer: B
Economic reforms began in 1991; growth trends after this are called post-reform growth.
Economic reforms began in 1991; growth trends after this are called post-reform growth.
2. GDP growth after reforms became:
Answer: B
Liberalisation and global integration accelerated GDP growth.
Liberalisation and global integration accelerated GDP growth.
3. The sector showing highest growth post-reforms:
Answer: B
IT, telecom, finance and outsourcing drove service sector expansion.
IT, telecom, finance and outsourcing drove service sector expansion.
4. Industrial growth post-reforms became more:
Answer: B
Private participation and FDI increased competition.
Private participation and FDI increased competition.
5. Foreign exchange reserves after reforms:
Answer: B
Exports, remittances and capital inflows boosted reserves.
Exports, remittances and capital inflows boosted reserves.
6. Agriculture growth post-reforms was:
Answer: B
Agriculture lagged behind industry and services.
Agriculture lagged behind industry and services.
7. IT revolution is linked to:
Answer: B
Globalisation opened IT outsourcing opportunities.
Globalisation opened IT outsourcing opportunities.
8. Rise in consumer goods availability shows:
Answer: B
Market liberalisation increased product variety.
Market liberalisation increased product variety.
9. Export growth post-reforms became:
Answer: B
Trade liberalisation boosted exports.
Trade liberalisation boosted exports.
10. Employment growth relative to GDP was:
Answer: B
Growth did not create proportional jobs.
Growth did not create proportional jobs.
11. FDI inflows post-reforms:
Answer: B
Liberal policies attracted foreign investors.
Liberal policies attracted foreign investors.
12. Poverty trend post-reforms:
Answer: B
Higher growth reduced poverty ratio.
Higher growth reduced poverty ratio.
13. Infrastructure growth post-reforms:
Answer: A
Telecom, roads and aviation expanded.
Telecom, roads and aviation expanded.
14. Rise of middle class is due to:
Answer: A
Higher salaries and service jobs expanded middle class.
Higher salaries and service jobs expanded middle class.
15. Competition post-reforms led to:
Answer: A
Firms improved quality to survive competition.
Firms improved quality to survive competition.
16. Regional disparities post-reforms:
Answer: B
Developed states benefited more.
Developed states benefited more.
17. Outsourcing contributed to:
Answer: A
India became a global outsourcing hub.
India became a global outsourcing hub.
18. Stock market expansion shows:
Answer: A
Capital markets deepened post-reforms.
Capital markets deepened post-reforms.
19. Import liberalisation led to:
Answer: A
Foreign goods became available.
Foreign goods became available.
20. Overall post-reform growth can be described as:
Answer: A
Growth accelerated but disparities persisted.
Growth accelerated but disparities persisted.