Which of the following reasons prompted India to liberalize its economy?
I- high combined deficit of the central and state governments
II- elevated inflationary pressures
III- large and unsustainable current account deficit (CAD)
IV- External aggression from neighbouring countries
The macroeconomic imbalances of the late 1980s and early 1990s pushed the government towards introducing the structural reforms of 1991. The high combined deficit of the central and state governments, elevated inflationary pressures, and large and unsustainable current account deficit (CAD) led to a balance of payments crisis in the Indian economy. In response to the situation, trade and investments were liberalised in 1991.
The small businesses continued to face ________ with decrease in demand during the lockdown.
If news gets out that the company has become _________, they will stop getting further funds.
The opinions of the state and central governments were ____________ on the new policy.
The government is trying hard to ___________the MSME sector from the loss inflicted by the pandemic.
It is a necessity to __________ this project, but I don’t understand why the government is hesitating.
All flights were cancelled due to heavy rainfall and the passengers were __________ at the airport.
The news about the marriage of a celebrity __________ the one about India entering the finals in Asia Cup.
These telemarketers have been calling me ___________, even though I said I was not interested in their product.
Steve Jobs is the legendary ___________ of Apple.
Companies have to ________ their unwanted expenditures to function smoothly.