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Complete the following statements by choosing the correct alternative:

1. The investment limit of small scale industries has been increasing up to __________ crores. 

(a) 10 

(b) 5 

(c) 1 

(d) 3

2. The financial sectors became more competitive due to entry of __________ banks.

(a) public and private 

(b) public and foreign 

(c) private and foreign 

(d) private and co-operative

3. The Government of India announced the NEP on __________ 

(a) 24th July 1991 

(b) 24th Oct 1991 

(c) 24th June 1991 

(d) 20th June 1950

4. __________ is considered to be the father of NEP

(a) Dr. Manmohan Singh

(b) Rajiv Gandhi 

(c) Narsimha Rao 

(d) Arun Jetly

5. Licensing was made __________ under NEP. 

(a) compulsory 

(b) strict 

(c) privatised 

(d) liberal

6. Under NEP unemployment has __________ due to close down of some industries. 

(a) declined 

(b) increased 

(c) stagnant 

(d) no change

7. __________ is included in Navratna status. 

(a) ONGC 

(b) HAL 

(c) MTNL 

(d) Railways

1 Answer

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Best answer

1. (b) 5

2. (c) private and foreign

3. (a) 24th July 1991

4. (a) Dr. Manmohan Singh

5. (d) liberal

6. (b) increased

7. (a) ONGC

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