Question

11) Public sector enterprises are driven largely by considerations of :


a) Profit

b) Social welfare

c) Both

d) None of the above

12) Which was the following was an obstacle in the development of industries after independence


a) Lack of economic infrastructure

b) Lack of capital

c) Lack of inducement to invest

d) All of the above

13) Types of goods and services we export and import are called :


a) Composition of trade

b) Direction of trade

c) Balance of trade

d) None of the above

14) A strategy to earn foreign exchange by promoting domestic exports and making domestic industry competitive in the international market is called :


a) Export promotion

b) Import substituition

c) Inward looking strategy

d) None of the above

15) The following year is called the year of divide


a) 1991

b) 1992

c) 1990

d) 1993

​

Answer 1

Answer:

11 - B. Social Welfare

12 - D. All The Above

13 - C. Balance Of Trade

14 - Inward Looking Strategy

15 - 1993

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Answer 2

11) b) Social welfare

12) d) All of the above

13) d) None of the above

14) a) Export promotion

15) a) 199

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