India has suffered from persistent high inflation. Increase in administered prices, demand and supply imbalances, imported inflation aggravated by rupee depreciation, and speculation — have combined to keep high int4ation got rig. If there is an element common to all or then, it is that many of them are the outcomes of economic reforms. India's vulnerability to the effects of’ changes in international prices has increased with trade liberalisation. The effort to reduce subsidies has resulted in a continuous increase in the prices of commodities that are administered. that is the most logical, rational and crucial message that is implied in the above passage ?
Under the present circumstances, India should completely avoid all trade liberalisation policies and all subsidies.
Due to its peculiar socio-economic situation, India is not yet ready for trade liberalisation process.
There is no solution in sight for the problems of continuing poverty and inflation in India in the near future
Economic reforms can often create a high inflation economy.
For election to the Lok Sabha, a nomination paper can be filed by
Miscellaneous · Easy
In a month if the seventh day is three days earlier than Saturday,then the nineteenth day of the month will be a
Miscellaneous · Easy
Which among the following events happened earliest ?
Miscellaneous · Easy
An 80-litre solution of alcohol and water has 75% alcohol. How much water (in litres) must be added to bring down the concentration of alcohol to 60%?
Miscellaneous · Easy