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Indian Economy Quiz

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Questions and Answers

What economic policies did successive governments follow from 1947 to 1991?

Soviet model and promoted protectionist economic policies (correct)

Monetarist economic policies

Free market policies

Keynesian economic policies

What type of economy does India currently have?

Command economy

Planned economy

Mixed middle-income developing social market economy (correct)

Free market economy

What is India's rank in the world by nominal GDP?

First

Third

Tenth

Fifth (correct)

What led to the adoption of broad economic liberalization in India in 1991?

<p>Acute balance of payments crisis</p> Signup and view all the answers

What has been the trend in India's annual average GDP growth since the start of the 21st century?

<p>Positive</p> Signup and view all the answers

Indian Economy Quiz

Choose a study mode

Podcast

Questions and Answers

What economic policies did successive governments follow from 1947 to 1991?

What type of economy does India currently have?

What is India's rank in the world by nominal GDP?

What led to the adoption of broad economic liberalization in India in 1991?

What has been the trend in India's annual average GDP growth since the start of the 21st century?

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