Which of the Following Statements About Economic Liberalization in India

question 8

Multiple Choice

Which of the following statements about economic liberalization in India is INCORRECT?

• A) It began in the 1980s and intensified in the 1990s.
• B) It occurred because the country's political and economic elite were concerned with India's growth relative to other Asian countries.
• C) It required the borrowing of foreign capital, thus increasing the country's level of debt.
• D) It has helped to integrate the country into the world economy.
• E) It has helped to significantly expand the country's agricultural sector.

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Definitions:

Risk-adjusted Cost

A financial measure that adjusts the costs of an investment by considering the risk involved, accounting for the riskier nature of some investments compared to others.

Common Stock

A form of corporate equity ownership, a type of security representing units of ownership or equity in a corporation.

Zero-growth Perpetuity

A type of investment that pays a fixed amount of cash flows indefinitely, with no expectation of growth in the payments.

Stable Cash Flow Patterns

A financial condition where the inflows and outflows of cash are predictable and consistent over time, facilitating business planning.