APEC is a regional economic forum established in 1989 to promote open trade and economic cooperation among its member economies.
‘They are fantastically diverse. They speak hundreds of languages and dialects. They comprise scores of ethnic groups. They include highly industrialised economies and up-and- coming economies. They span half the surface of the earth and are home to two fifths of the world’s population.” The group of countries referred to belongs to
Asked in UPPCS Prelims 1996 · Topic: Nature of Indian Economy (Openness of Economy and Integration with Global Markets)
More Economic Development questions
- Assertion (A) : The Indian economy demonstrated resilience despite global geopolitical challenges. Reason (R) : India's fiscal and monetary policies ensured economic and financial stability post-COVID.
- The severe balance of payments crisis, faced by India in 1991 was characterized by
- Post-economic reforms, the Indian economy saw a shift towards
- As per the Economic Survey, 2023, which of the following statements correctly describe(s) the trend of Foreign Direct Investment in India ? a. It has decreased due to less participation of the private sector. b. It has increased compared to the prepandemic levels. c. It has increased rapidly without decreasing in any Financial Year after the telecom sector was entirely reformed. d. It has decreased due to a weak global economic situation.
- Which of the following reforms have contributed to the improvement of the Ease of Doing Business in India ?
- Between 2017 and 2018, how many ranks did India climb in 'ease of doing business'?
- Which item does not usually come under India's import basket now-a-days?
- Post 1991 reform measures gave emphasis on ____.