Email Changed Successfully
Incorrect Password
Your Query Submit Successfully
Please Change Your Password Click Here
Password Changed Successfully
Profile Changed Successfully
Form Submitted Successfully
Username or Password is incorrect
Reset Password Mail Send Successfully.
Email you have entered doesn't exist.
Password Changed. Now Login.
Password Not Reset Please Try Again.
Link Expired Please Try Again
Test completed and result have been mailed to your email Id
You are successfully registerd please check your mail for login credentials.

Banker's Algo Preparation Tools

  1. Passage: Indian Economy

    The independence-era Indian economy (from 1947 to 1991) was based on a mixed economy combining features of capitalism and socialism, resulting in an inward-looking, interventionist policies and import-substituting economy that failed to take advantage of the post-war expansion of trade. This model contributed to widespread inefficiencies and corruption, and the failings of this system were due largely to its poor implementation.

    In 1991, India adopted liberal and free-market principles and liberalized its economy to international trade under the guidance of Manmohan Singh, finance minister from 30 November 2009 to 24 January 2010, and previously under the leadership of P.V. Narasimha Rao, prime minister from 1991 to 1996, who had eliminated License Raj, a pre- and post-British era mechanism of strict government controls on setting up new industry. Following these major economic reforms and a strong focus on developing national infrastructure such as the Golden Quadrilateral project by Atal Bihari Vajpayee, prime minister, the country's economic growth progressed at a rapid pace, with relatively large increases in per-capita incomes. 

  2. Ques1: What kind of economy was of India in the independent era?
    a) Capitalism b) Socialism
    c) Mixed d) None of these
    Answer

News Updates

08 Nov

Current News Shots October 29 - 31, 2013:

NGO the Harmony Foundation honored former Miss Universe Sushmita Sen with the Mother Teresa Memorial International Award...

Read more
31 Oct

Current News Shots October 22 - 30, 2013:

New York City Mayor Michael R. Bloomberg has been selected for the inaugural Genesis Prize – an award popularly dubbed...

Read more
View All News

Copyright © 2014 bankersalgo.com

All rights reserved