Which of the Following Statements About the Development of India's

question 3

Multiple Choice

Which of the following statements about the development of India's economy is accurate?

• A) Efforts to transition from import substitution industrialization and toward social-democratic policies began in the 1980s and came into full swing in the 1990s.
• B) Stamping out corruption and protectionism as barriers to economic growth is one of the major successes of the 1990s reform effort.
• C) The license raj has only acquired more complexity and red tape in recent years,and will soon force the Indian National Congress to address a reform effort.
• D) China's faster economic growth is credited in part to slower population growth than that of India,as well as to better education.

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Definitions:

Title Examination

The process of reviewing and analyzing legal documents related to property ownership to ensure the title is valid and free from defects or encumbrances.

Tax Lien

A legal claim by a government entity against a noncompliant taxpayer's assets.

Title Insurance

A type of insurance policy that protects property owners and lenders against losses from defects in titles.

Title Application

A formal request to a government authority for the recognition or registration of an ownership claim over a piece of property, often related to real estate.