Privatization refers to.
The sale of privately owned businesses to the government sector
The sale of public companies to the private sector
The sale of corporately owned businesses to individuals
None of these
The growth of GDP was __________ during 1980 - 1990.
7.2%
5.8%
6.3%
8%
_______ consists of taxes on income and profits of business enterprises.
a) Indirect Tax
b) Corporate tax
c) Direct tax
d) Excise duty
a Only
b Only
c Only
The foreign investment includes
Foreign direct investment
Financial investment
Domestic investment
Indirect investment
Assertion (A): Inflation is a general rise in the levels of prices of goods and services in an economy over a period of timeReason (R): Inflation causes an increase in the opportunity cost of holding money, uncertainty over future inflation which may discourage investment and savingsCodes:
Both A and R are true but R is not the correct explanation for A
Both A and R are true and R is the correct explanation of A
A is true and R is false
A is false but R is true
__________ have been removed to increase the competitive position of Indian goods in the international markets?
1. Tariffs
2. Import Licensing
3. Export duty
4. All of these
1. 1 only
2 only
3 only
all of these
In 1991, India met with an economic crisis relating to its ________ debt.
External
Internal
Income
Private
Which of the following is not an aspect of privatization?
Dis- investment of public sector units
Handing over management of public sector units to private firms
Opening up of sectors, which are hitherto reserved for public sector to private sector
De licensing of private industrial units
Which of the following is characterised as "Rich coutries club"?
IBRD
IMF
ADB
IFC
_________ is the outcome of the policies of liberalization and privatization.
Economic activity
Globalization
Development policies
Disparities in income and wealth