Introduction of Economic Reforms in Pakistan took place in the year __________ .
Introduction of Economic Reforms in Pakistan took place in the year __________ .
Show Hint
- 1978
- 1980
- 1988
- 1991
The Correct Option is C
Solution and Explanation
- Pakistan introduced significant economic reforms in 1988 under the leadership of Prime Minister Benazir Bhutto, aiming to liberalize the economy, reduce the role of state-owned enterprises, and promote private sector growth.
- The other dates do not correspond to the major economic reforms in Pakistan.
Conclusion: Option (C) is correct as the economic reforms began in Pakistan in 1988.
Top Questions on The elasticity of demand and its measurement
- The following table provides different statistical model specifications along with the elasticity of yt with respect to xt. Which one of the following options is correct ?
Row Statistical Model Elasticity 1 \(y_t=β_1+β_2\frac{1}{x_t}\epsilon_t\) \(-\frac{β_2}{x^2_t}\) 2 \(y_t=β_1-β_2\text{ln}(x_t)+\epsilon_t\) \(-\frac{β_2}{x^2_t}\) 3 ln(yt) = β1 + β2 ln(xt) + εt β2 4 ln(yt) = β1 + β2xt + εt β2xt 5 ln(yt) = β1 + β2 ln(xt) + εt β2 exp(xt) 6 ln(yt) = β1 + β2xt + εt \(β_2\frac{1}{\text{exp}(x_t)}\) - GATE XH-C1 - 2024
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Questions Asked in GATE XH-C1 exam
Here are two analogous groups, Group-I and Group-II, that list words in their decreasing order of intensity. Identify the missing word in Group-II.
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