(a)(i) “Under the liberalisation measures taken by the Government of India, financial sector reforms were extremely crucial.”
Reject or support the given statement with valid arguments.

Question

Read the following statements – Assertion (A) and Reason (R). Choose the correct option given below:
Assertion (A): Full employment situation refers to the absence of involuntary unemployment.
Reason (R): Under full employment situation, all the willing and able-bodied people get employment at the prevailing wage rate.

Answer 1

Fostered inter-bank competition, enhancing efficiency and customer service. Drew foreign direct investment (FDI), increasing capital inflows. Reinforced Reserve Bank of India's regulatory framework, promoting financial stability.

(a)(i) “Under the liberalisation measures taken by the Government of India, financial sector reforms were extremely crucial.”
Reject or support the given statement with valid arguments.

Show Hint

Solution and Explanation

Top Questions on Indian Economy

Questions Asked in CBSE Class XII exam

(a)(i) “Under the liberalisation measures taken by the Government of India, financial sector reforms were extremely crucial.” Reject or support the given statement with valid arguments.

Show Hint

Solution and Explanation

Top Questions on Indian Economy

Questions Asked in CBSE Class XII exam

(a)(i) “Under the liberalisation measures taken by the Government of India, financial sector reforms were extremely crucial.”
Reject or support the given statement with valid arguments.