CBSE Class 11 Economics Economic Reforms Since 1991 Assignment Set A

CBSE Class 11 Economics Economic Reforms Since 1991 Assignment Set A. Chapter wise assignments are being given by teachers to students to make them understand the chapter concepts. Its extremely critical for all CBSE students to practice all assignments which will help them in gaining better marks in examinations. All assignments available for free download on the website are developed by the best teachers having many years of teaching experience in CBSE schools all over the country. Students, teachers and parents are advised to download the CBSE study material.

1 Mark Questions

1. State the meaning of economic reforms.

2. How does increase in fiscal deficit creates the requirement of economic reforms?

3. State the name of economic reform which makes free to economy from direct or physical controls imposed by the Govt.

4. What is meant by foreign exchange reserve?

5. Why the requirement of fiscal reforms arose under liberalization?

6. What is meant by direct tax?

7. Define indirect tax with the help of example.

8. What is meant by devaluation?

9. State the meaning of privatization.

10. What is meant by globalization?

11. What benefit goes to domestic Industries of reduction in tariff?

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