Who among the following was appointed as the first minister of the Ministry of Disinvestment during the tenure of the Vajpayee Government?
Arun Shourie
- The Ministry of Disinvestment was created in 1999 under the Vajpayee government.
- Arun Shourie was appointed as the first Minister of Disinvestment.
- The ministry was responsible for privatizing government-owned enterprises and reducing the fiscal burden.
- Under Arun Shourie, major disinvestments took place, including BALCO, VSNL, and Indian Petrochemicals Corporation.
- Later, the ministry was merged with the Ministry of Finance in 2004.
Important Questions from Economy
The Five Year Plan was first launched in
Which of the following was/were the feature(s) of Lenin’s New Economic Policy (NEP) for the Soviet Union?
1) Private retail trading was strictly forbidden
2) Private enterprise was strictly forbidden
3) Peasants were not allowed to sell their surplus
4) To secure liquid capital, concessions were allowed to foreign capitalists, but the State retained the option of purchasing the product of such concerns
Select the correct answer using the code given below:
Which one of the following was set as a target of average growth of GDP of India over the plan period 2012-2017 by the Approach Paper to the Twelfth Five year Plan?
In ________ economies, all productive resources are owned and controlled by the government.
Private ownership of the means of production is a feature of a _______ economy.
