Government of India is seriously thinking to allow oil marketing public sector, undertaking to fix their own price for petrol and diesel.
(i) Name the economic reform related to decision of government.
(ii) Name other two reforms recommended in new economic policy.

Government of India is seriously thinking to allow oil marketing public sector undertakings to fix their own price for petrol and diesel. Which economic reform is the reason of this change in government's policy?

Directions: In the question given below a statements is followed by three courses of action numbered I or (A), II or (B) and III or (C). A course of action is a step or administrative decision to be taken for improvement, follow-up for further action in regards to the problem, policy etc. on the basis of the information given in the statement. you have to assume everything in the statement to be true, then decide which of the three given/suggested courses of action logically follows for pursuing and decide the answer. Statement: Employees of all the government organisation and public sector undertakings in the country went on a day's strike protesting against the process of privatisation of government run public sector undertakings which has resulted into loss to exchequer worth crores of rupees. Courses of action: I. All those employees who remained absent from work should be suspended. II. The government should put on hold the process of privatisation of government-run public sector undertakings. III. The government should declare complete ban on striking work by employees in all organizations in the country. 1) Only I follows 2) Only III follows 3) Only II follows 4) Only II and III follow 5) None of these

To overcome the difficulties faced by public in transport system , the government of India started the METRO project in which the government involved private sector participation to get the benefits of efficiency of private sector . The project was great success as lacs of people are enjoying the metro service to move from one place to other. (a) State the type of enterprise mentioned in above last. (b) Name the 'PPP' providing metro service in Delhi. ( c) Give any two features of PPP.

"zero Deffect Zero effect (ZED) is a slogan coined by the prime minister of india, narenger Modi with referance to the make in India initiative launched by the government. The slogan reflects the efficiency of production processes, i.e., the products have no defects and the process through which the product is made has zero adverse environmental and ecological effects. the Zed model alms to make india the manufacturing hub of the world and prevent the products developed in india from being rejected by the global market. moreover, before the initiative was launched, the limits of foreign direct invenstment in various sectors had bee relaxed. the application for licences was made available online and the validity of licences was increased to three years. various other norms and procedures were also relaxed by the government. In the light of above paragraph, identify and explain the major compoent of new economic policy of 1991 that are being referred to by quotting lines from the paragraph.

Directions: In the question given below a statements is followed by three courses of action numbered I or (A), II or (B) and III or (C). A course of action is a step or administrative decision to be taken for improvement, follow-up for further action in regards to the problem, policy etc. on the basis of the information given in the statement. you have to assume everything in the statement to be true, then decide which of the three given/suggested courses of action logically follows for pursuing and decide the answer. Statements: The oil pool sector is showing a burgeoning deficit mainly because of rise in international prices and no corresponding rise in domestic prices. Course of action: I. The government should raise domestic prices immediately. II. Raising domestic prices will fuel inflation, hence the government should ignore the deficit. III. The government should decide over a course of action after consulting various experts. 1) Only I follows 2) Only II follows 3) Either I or II follows 4) II and III follow 5) Only III follows