Refer to CBSE Class 11 Economics Liberalisation Privatisation and Globalisation An Appraisal MCQs Set C provided below available for download in Pdf. The MCQ Questions for Class 11 Economics with answers are aligned as per the latest syllabus and exam pattern suggested by CBSE, NCERT and KVS. Chapter 3 Liberalisation Privatisation and Globalisation An Appraisal Class 11 MCQ are an important part of exams for Class 11 Economics and if practiced properly can help you to improve your understanding and get higher marks. Refer to more Chapter-wise MCQs for CBSE Class 11 Economics and also download more latest study material for all subjects
MCQ for Class 11 Economics Chapter 3 Liberalisation Privatisation and Globalisation An Appraisal
Class 11 Economics students should refer to the following multiple-choice questions with answers for Chapter 3 Liberalisation Privatisation and Globalisation An Appraisal in Class 11.
Chapter 3 Liberalisation Privatisation and Globalisation An Appraisal MCQ Questions Class 11 Economics with Answers
Question. GST has been implemented from
a) April 1, 2018
b) January 1, 2018
c) January 1, 2017
d) July 1, 2017
Answer: D
Question. Trade between two countries is knows as:
a) Bilateral trade
b) Multi lateral trade
c) Both a) and b)
Answer: A
Question. Which of the statements is most suitable to describe direction of India’s foreign trade?
a) Trade with OPEC regions has improved substantially
b) Importance of OECD countries in exports of India has increased
c) UK occupies first place in India’s exports
d) Import from SAARC has increased
Answer: A
Question. Sale tax and excise duty are examples of
a) Direct tax
b) Indirect tax
c) Both
d) None of the options
Answer: B
Question. MUDRA Bank was set up to meet the credit needs of the
a) farmers
b) small enterprises
c) large enterprises
d) exporters
Answer: B
Question. Make in India programme was launched in
a) 1991
b) 2014
c) 2015
d) 2016
Answer: B
Question. When did the Gulf Crisis take place?
a) 1985
b) 1990-91
c) 1995
d) 1975
Answer: B
Question. The economic reforms were intended to take the Indian economy into three specific directions which are
a) LPG
b) DPG
c) LDG
d) DLP
Answer: A
Question. Steps taken towards liberalisation
a) Delicensing of industries
b) Dereservation of industries
c) Delicensing of imports
d) All of these
Answer: D
Question. Which of the following is an example of direct tax
a) Corporation tax
b) Excise duties
c) Sales tax
D) None of the options
Answer: A
Question. Inwards foreign direct investment is useful because
a) Brings in management expertise
b) Brings in modern technology
c) Brings in foreign exchange
d) All of the options
Answer: D
Question. When was WTO established?
a) 1996
b) 1998
c) 2000
d) 1995
Answer: D
Question. In which year did the disinvestment process in Public Sector Enterprises in India start?
a) 2018
b) 2000
c) 1990
d) 1991
Answer: D
Question. New plan of action by government to influence production and capital formation activities in the country
a) NEP
b) NED
c) NEG
d) NPP
Answer: A
Question. Inward foreign direct investment is useful because:
a) Brings in foreign exchange
b) Brings in modern technology
c) Brings in management expertise
d) All of the options
Answer: D
Question. Which policy do these changes belong to
i) SLR and CRR reduced by RBI to increase the availability of funds
ii) Bank rate reduced
iii) SEBI made statutory
a) Monetary policy
b) Foreign trade policy
c) Fiscal policy
d) None of the options
Answer: A
Question. Under the industrial policy of 1991, the number of industries reserved for the public sector have been reduced from 17 to
a) 6
b) 8
c) 3
d) 5
Answer: B
Question. Privatization can be achieved by :
a) Leasing
b) Franchising
c) Contracting
d) All of the options
Answer: D
Question. Reasons which highlight the importance to privatisation
a) Decline in private monopoly
b) Increase employment due to exit policy for sick public enterprises
c) Reduce the cost by minimising wastages
d) Favour the objective of social welfare
Answer: C
Question. LQP raj refers to
a) license, quota, privatisation raj
b) liberalisation, quota, permit raj
c) license, quota, permit raj
d) license, quarter, privatisation raj
Answer: C
Question. Market in which the securities of government and public companies are traded
a) Foreign market
b) Stock exchange
c) Financial market
d) SEBI
Answer: B
Question. The measures taken under NEP are called
a) Economic development
b) Economic growth
c) Economy
d) Economic reforms
Answer: D
Question. How many industries are entirely reserved for the public sector?
a) 6
b) 10
c) 2
d) 4
Answer: C
CBSE Class 11 Economics Liberalisation Privatisation and Globalisation An Appraisal MCQs Set A |
CBSE Class 11 Economics Liberalisation Privatisation and Globalisation An Appraisal MCQs Set B |
CBSE Class 11 Economics Liberalisation Privatisation and Globalisation An Appraisal MCQs Set C |
CBSE Class 11 Economics Rural Development MCQs Set A |
CBSE Class 11 Economics Rural Development MCQs Set B |
CBSE Class 11 Economics Rural Development MCQs Set C |
CBSE Class 11 Economics Employment Growth Informalisation and Other Issues MCQs Set A |
CBSE Class 11 Economics Employment Growth Informalisation and Other Issues MCQs Set B |
CBSE Class 11 Economics Employment Growth Informalisation and Other Issues MCQs Set C |
CBSE Class 11 Introduction MCQs Set A |
CBSE Class 11 Introduction MCQs Set B |
CBSE Class 11 Introduction MCQs Set C |
CBSE Class 11 Collection of Data MCQs Set A |
CBSE Class 11 Collection of Data MCQs Set B |
CBSE Class 11 Organisation of Data MCQs Set A |
CBSE Class 11 Organisation of Data MCQs Set B |
CBSE Class 11 Organisation of Data MCQs Set C |
CBSE Class 11 Presentation of Data MCQs Set A |
CBSE Class 11 Presentation of Data MCQs Set B |
CBSE Class 11 Presentation of Data MCQs Set C |
CBSE Class 11 Measures of Central Tendency MCQs Set A |
CBSE Class 11 Measures of Central Tendency MCQs Set B |
CBSE Class 11 Measures of Central Tendency MCQs Set C |
CBSE Class 11 Correlation MCQs Set A |
CBSE Class 11 Correlation MCQs Set B |
CBSE Class 11 Correlation MCQs Set C |
CBSE Class 11 Index Numbers MCQs Set A |
CBSE Class 11 Index Numbers MCQs Set B |
CBSE Class 11 Index Numbers MCQs Set C |
CBSE Class 11 Use of Statistical Tools MCQs Set A |
MCQs for Chapter 3 Liberalisation Privatisation and Globalisation An Appraisal Economics Class 11
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