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Questions and Answers
Which sector has notable public sector presence in the Indian economy?
Which sector has notable public sector presence in the Indian economy?
- Manufacturing
- Services
- Agriculture
- Strategic sectors (correct)
What is India's rank in terms of nominal GDP?
What is India's rank in terms of nominal GDP?
- Second
- Tenth
- First
- Fifth (correct)
Which economic model did successive Indian governments follow until 1991?
Which economic model did successive Indian governments follow until 1991?
- Socialism (correct)
- Capitalism
- Mixed economy
- Communism
What was the main reason for India's adoption of economic liberalization in 1991?
What was the main reason for India's adoption of economic liberalization in 1991?
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What has been the average annual GDP growth rate in India since the start of the 21st century?
What has been the average annual GDP growth rate in India since the start of the 21st century?
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