Economic Reforms Since 1991
1 Board Economics previous year questions on Economic Reforms Since 1991 — options free on every question; 1 include the answer & explanation free, the rest unlock with PYQ Pass.
Read the following text carefully:
“In recent times, the Government of India has introduced several measures to encourage greater public participation in the capital market, including both primary and secondary stock markets.”
Under which sector have the above-mentioned reforms been introduced?
(Choose the correct option) 1
Financial
(B) Financial
Brief Explanation:
The reforms related to stock markets, banking, capital markets, SEBI regulations, and investment activities are part of the Financial Sector Reforms introduced after the Economic Reforms of 1991.
These reforms aimed to:
- Increase transparency in financial markets
- Encourage investment by the public
- Improve functioning of stock exchanges
- Strengthen the banking and financial system
Examples:
- Establishment of SEBI as a regulator
Electronic trading in stock exchanges
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