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Question
Statement (1): Globalisation has brought huge growth of Indian agriculture.
Statement (2): New reforms were introduced to promote economic growth and improve India’s foreign exchange situation.
Alternatives:
Options
Both statements are true.
Both statements are false.
Statement 1 is true, Statement 2 is false.
Statement 2 is true, Statement 1 is false.
MCQ
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Solution
Statement 2 is true, Statement 1 is false.
Explanation:
Significant gains in Indian agriculture came from land reforms and the Green Revolution (HYV seeds, irrigation), not from globalisation. The 1991 economic (LPG) reforms were introduced to spur growth and improve India’s foreign‑exchange position.
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