If the price of a television set is increased by 25%. then by what percentage should the new price be reduced to bring the price back to the original level?

Assertion (A): Though India’s national income has gone up several fold since 1947, there has been no marked improvement in the per capita income level. Reason (R): Sizeable proportion of the populatio…

A redistribution of income in a country can be best brought about through

The following Table shows the percentage distribution of revenue expenditure of Government of India in 1989-90 and 1994-95: | Years | Defence | Interest | Subsidies | Grants to | | :--- | :--- | :--- …

Which one of the following is correct regarding stabilization and structural adjustment as two components of the new economic policy adopted in India?

Assertion (A): An important policy instrument of economic liberalization is reduction in import duties on capital goods. Reason (R): Reduction in import duties would help the local entrepreneurs to im…

One of the important goals of the economic liberalisation policy is to achieve full convertibility of the Indian rupee. This is being advocated because