CBSE Class 11 Economics Liberalisation Privatisation and Globalisation An Appraisal MCQs Set C

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

Statistics Chapter 08 Use of Statistical Tools
CBSE Class 11 Use of Statistical Tools MCQs Set A

MCQs for Chapter 3 Liberalisation Privatisation and Globalisation An Appraisal Economics Class 11

Expert teachers of studiestoday have referred to NCERT book for Class 11 Economics to develop the Economics Class 11 MCQs. If you download MCQs with answers for the above chapter you will get higher and better marks in Class 11 test and exams in the current year as you will be able to have stronger understanding of all concepts. Daily Multiple Choice Questions practice of Economics will help students to have stronger understanding of all concepts and also make them expert on all critical topics. After solving the questions given in the MCQs which have been developed as per latest books also refer to the NCERT solutions for Class 11 Economics. We have also provided lot of MCQ questions for Class 11 Economics so that you can solve questions relating to all topics given in each chapter. After solving these you should also refer to Class 11 Economics MCQ Test for the same chapter.

Where can I download latest CBSE MCQs for Class 11 Economics Chapter 3 Liberalisation Privatisation and Globalisation An Appraisal

You can download the CBSE MCQs for Class 11 Economics Chapter 3 Liberalisation Privatisation and Globalisation An Appraisal for latest session from StudiesToday.com

Are the Class 11 Economics Chapter 3 Liberalisation Privatisation and Globalisation An Appraisal MCQs available for the latest session

Yes, the MCQs issued by CBSE for Class 11 Economics Chapter 3 Liberalisation Privatisation and Globalisation An Appraisal have been made available here for latest academic session

Where can I find CBSE Class 11 Economics Chapter 3 Liberalisation Privatisation and Globalisation An Appraisal MCQs online?

You can find CBSE Class 11 Economics Chapter 3 Liberalisation Privatisation and Globalisation An Appraisal MCQs on educational websites like studiestoday.com, online tutoring platforms, and in sample question papers provided on this website.

How can I prepare for Chapter 3 Liberalisation Privatisation and Globalisation An Appraisal Class 11 MCQs?

To prepare for Chapter 3 Liberalisation Privatisation and Globalisation An Appraisal MCQs, refer to the concepts links provided by our teachers and download sample papers for free.

Are there any online resources for CBSE Class 11 Economics Chapter 3 Liberalisation Privatisation and Globalisation An Appraisal?

Yes, there are many online resources that we have provided on studiestoday.com available such as practice worksheets, question papers, and online tests for learning MCQs for Class 11 Economics Chapter 3 Liberalisation Privatisation and Globalisation An Appraisal