CLASS 11 · NCERT GEOGRAPHY · CH 3: LIBERALISATION, PRIVATISATION, GLOBALISATION (NCERT CLASS 11 — INDIAN ECONOMIC DEVELOPMENT)
Liberalisation, Privatisation, Globalisation 🌐
NCERT-aligned Class 11 Geography topic. Every item is anchored to a real location on India's map — built for boards (CBSE, ICSE, state) and UPSC aspirants.
12LOCATIONS
62QUESTIONS
CLASS 11NCERT LEVEL
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Key locations covered (12)
- Background 1991 Crisis
- IMF Bailout 1991
- Liberalisation Measures
- Privatisation
- Globalisation Reforms
- Financial Sector Reforms
- Tax Reforms
- Outcomes Growth
- Critique Inequality
- WTO Joining
- Demonetisation 2016
- Insolvency and Bankruptcy Code
Sample questions (12 of 62)
India's fiscal deficit (Centre) in 1991 was about?
8.4% of GDP
India's current account deficit in 1990-91.
About 3% of GDP
India's forex reserves in June 1991 covered imports for about how long?
About 2 weeks (~$1.2 bn)
Inflation in 1990-91.
About 13.7%
Rao-Manmohan reforms timeline.
July 1991 - 1993 (major liberalisation)
Twin balance sheet problem refers to?
Stressed corporate balance sheets + bank NPAs
Foreign Direct Investment Policy 2017 brought?
Abolition of FIPB; replaced by sectoral CDD route
Total FDI inflow (cumulative 2000-2024).
Over $1 trillion
New industrial policy 1991 abolished licensing for?
Industries except 18 (later reduced to 6)
IMF bailout of India in 1991 was for how much?
About $7 billion
Pre-conditions for IMF loan were called?
Structural Adjustment Programme (SAP)
Gold pledged to BoE and BoJ to raise foreign exchange.
67 tonnes
All 62 questions are available in the interactive map quiz.
About this topic
This topic is part of the NCERT Class 11 Geography syllabus, drawn from the chapter Ch 3: Liberalisation, Privatisation, Globalisation (NCERT Class 11 — Indian Economic Development). Content is cross-referenced against the latest NCERT textbook editions + standard reference works (Bipan Chandra, R.S. Sharma, Romila Thapar, Satish Chandra for history; G.C. Leong, Savindra Singh for geography; the UPSC Civil Services prelims + mains syllabus).
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