Economic Reforms 1991 (LPG) ONE SHOT | Class 12 Economics. 5 Marks fixed. In Easy way | 2024- 2025

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Topics Covered
0:00 - Introduction
00:37 - Economic Reforms 1991
03:57 - Components of Economic Reforms(New Economic Policy)
04:12 - Reasons for Economic Reforms.
06:55 - Liberalization
08:05 - Impact of liberalization on industrial sector.
12:33 - Impact of liberalization on financial sector
13:37 - Foreign exchange reforms.
15:23 - Tax Reforms.
16:28 - Impact of liberalization on trade and investment policy.
18:37 - Privatization.
21:25 - Central public sector enterprises in India.
22:52 - Globalization.
23:26 - Policy/strategies promoting globalization.
25:23 - Outsourcing.
27:02 - World Trade Organization (WTO).
28:48 - Functions performed by WTO.
30:12 - Bilateral trade & Multilateral trade.
30:30 - Merits of L P G policies.
31:15 - Demerits of L P G policies.
32:10 - Demonetization.
34:03 - Aim demonetization.
34:55 - Impact of demonetization.
35:40 - Goods and services tax (GST).
36:27 - GST rate structure.
36:40 - GST structure in India.
38:35 - Features of GST.
40:15 - Advantages of GST.

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[cartoonize]

4:43 Ans is
Zimbabwe is an example of a country that attempted to eliminate poverty by printing more currency notes. In the late 2000s, Zimbabwe experienced hyperinflation, and the government responded by printing large amounts of money, including banknotes in denominations of trillions of dollars. However, this approach exacerbated the economic crisis, leading to severe consequences such as a collapse of the currency, a decline in living standards, and widespread economic hardship. The situation in Zimbabwe during that time is often cited as a cautionary example of the negative consequences of hyperinflation and attempting to address economic challenges by excessive money printing.

[AlwaysFreshTHOUGHT]

Kon kon exam sa ek din phela dekh ra ha 😂

[mohammedsafwan]

Liquior, defence equipment, industrial explosives, cigarette and dangerous chemical.

[madarasaha]

4:43 excess money increase money supply which leads to increase in purchasing power and increases price of every product which leads to inflation

[Anik]

liquor cigarette defence equipment industrial explosives and dangerous chemicals

[shreyamangukiya]

Liquor
Cigarettes
Defense equipment
Industrial explosive
Dangerous chemicals

[princejaiswal]

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[gurujicreation]

Liquor, chemical, defence equipment, and industrial explosive

[NOOBYTas]

4:55 RBI ne Aisa Kiya to pure Desh Mein inflation a jaega kyunki sabke demand ke hisab se sabke pass bahut Paisa hoga aur koi kuchh Kam nahin Karna chahega Khali demand aaega but supply nahin hogi is vajah se inflation badh jaega aur mahangai aur bhi jyada badh jayegi is vajah se note nahin chhap sakte Hain

[royalgamer]

Liquour, ciggerate, defence equipment, industrial explosive and danverous chemical

[waheguruji-]

Cigarettes, defence equipment, liquor, industrial explosives, dangerous chemicals !

[Harney-bh]

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[ravibhushan]

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[sunitaashokbidhuribidhuri]

Liquor, cigarettes, defence equipment 's, industrial explosives and dangerous chemicals

[MansiSinghyadav-hz]

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[gauravgaming]

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[Moj_karo_]

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[simranpanwar]

India can make notes which is equal to totall dollar in our country and total gold in our country

[HarshitGrover-ow]

4:43. Answer=
Mann lo rbi ne each and every person ko 1 crore rupees de diye congratulations 🎉 aab aap Aamir ban chuke ho aab aapne kam karna bnd kr diya kyoki aap Amir bn gye ho fir aap ne socha aab me expensive restaurant me ja ke khana khayuga kyoki m toh aab Amir hu fir jab aap vaha pauche toh aapne dekha ki restaurant bnd h kyoki aab vo bhi toh Amir h aab aapki bhuk bahut jorr se lag rhi h fir aap koi simple se restaurant me gye aapne dekha ki vo bhi bnd h kyoki aab vo bhi toh Amir h isi ki vajhe se aab koi bhi Banda Kam nhi krega jisse India ki economic bahut gandi downfall kregi 😎😎

[barshaprasad]

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