Are you ready to test your knowledge of Liberalization, Privatization, and Globalization (LPG) from the Class 12 Economics syllabus? This chapter explores the 1991 economic reforms that transformed India’s economy, paving the way for globalization and market-driven growth.
About the Quiz
- Chapter Name: Liberalization, Privatization, and Globalization: An Appraisal
- Subject: Economics
- Book: NCERT Class 12 Economics
- Question Type: Multiple Choice Questions (MCQs)
- Leaderboard: Yes (Check Your Rank!)
Why Take This Quiz?
✔ Helps in CBSE board exam revision
✔ Strengthens understanding of economic reforms of 1991
✔ Enhances knowledge of LPG policies and their impact
✔ Track your progress with the leaderboard
Click Below to Start the Quiz!
Leaderboard – Top Scorers
Check the top scorers here!
| Pos. | Name | Score | Duration | Points |
|---|---|---|---|---|
| 1 | Karan Shukla | 87 % | 11 minutes 15 seconds | 13 |
| 2 | Rashmika | 80 % | 1 minutes 45 seconds | 12 |
| 3 | B | 80 % | 2 minutes 18 seconds | 12 |
| 4 | Hardik | 80 % | 3 minutes 45 seconds | 12 |
| 5 | Naman | 80 % | 4 minutes 9 seconds | 12 |
| 6 | Mg Liron | 80 % | 10 minutes 57 seconds | 12 |
| 7 | Yashika | 73 % | 1 minutes 27 seconds | 11 |
| 8 | Rashi | 73 % | 3 minutes 32 seconds | 11 |
| 9 | xyz | 73 % | 3 minutes 34 seconds | 11 |
| 10 | palak | 73 % | 4 minutes 58 seconds | 11 |
| 11 | Shreyashii | 67 % | 5 minutes 19 seconds | 10 |
| 12 | . | 67 % | 5 minutes 56 seconds | 10 |
| 13 | bi | 67 % | 6 minutes 25 seconds | 10 |
| 14 | Shivam | 67 % | 6 minutes 40 seconds | 10 |
| 15 | Id | 67 % | 16 minutes 15 seconds | 10 |
| 16 | Madhav nagpal | 67 % | 20 minutes 41 seconds | 10 |
| 17 | Yahana | 60 % | 1 minutes 19 seconds | 9 |
| 18 | tariq | 60 % | 4 minutes 38 seconds | 9 |
| 19 | Rashi | 60 % | 4 minutes 59 seconds | 9 |
| 20 | shruti bhardwaj | 60 % | 6 minutes 6 seconds | 9 |
| 21 | Shreyas | 60 % | 6 minutes 36 seconds | 9 |
| 22 | Mansi pandey | 60 % | 7 minutes 2 seconds | 9 |
| 23 | rashee | 60 % | 8 minutes 45 seconds | 9 |
| 24 | vansh | 53 % | 1 minutes 57 seconds | 8 |
| 25 | Muskan | 53 % | 2 minutes 58 seconds | 8 |
| 26 | Sakshi | 53 % | 3 minutes 45 seconds | 8 |
| 27 | Naina | 53 % | 4 minutes 41 seconds | 8 |
| 28 | roar | 53 % | 5 minutes 18 seconds | 8 |
| 29 | hema | 53 % | 5 minutes 39 seconds | 8 |
| 30 | Sabhya | 53 % | 8 minutes 24 seconds | 8 |
| 31 | aish | 53 % | 13 minutes 11 seconds | 8 |
| 32 | Raj | 47 % | 4 minutes 48 seconds | 7 |
| 33 | abhay | 47 % | 5 minutes 7 seconds | 7 |
| 34 | Rashpreet | 47 % | 5 minutes 7 seconds | 7 |
| 35 | Rashida | 40 % | 4 minutes 12 seconds | 6 |
| 36 | .................................... | 40 % | 5 minutes 13 seconds | 6 |
| 37 | Prince Gupta | 33 % | 1 minutes 53 seconds | 5 |
| 38 | Raj | 33 % | 1 minutes 55 seconds | 5 |
| 39 | Ishant shaw | 33 % | 6 minutes 49 seconds | 5 |
| 40 | Ref | 27 % | 1 minutes 6 seconds | 4 |
| 41 | Sneha | 27 % | 18 minutes 44 seconds | 4 |
| 42 | Tahmeed Anwar Siddique | 20 % | 39 seconds | 3 |
| 43 | Me | 20 % | 39 seconds | 3 |
| 44 | Om | 20 % | 1 minutes 30 seconds | 3 |
| 45 | Saniya | 20 % | 2 minutes 46 seconds | 3 |
| 46 | dfmaxi | 20 % | 2 minutes 59 seconds | 3 |
| 47 | ANCD | 13 % | 34 seconds | 2 |
| 48 | Sujay | 13 % | 1 minutes 21 seconds | 2 |
| 49 | Chcfg | 7 % | 32 seconds | 1 |
| 50 | Ram | 7 % | 2 minutes 22 seconds | 1 |
Key Topics Covered in the Quiz
✔ Reasons for economic reforms in India
✔ Features of Liberalization, Privatization, and Globalization (LPG)
✔ Impact of LPG on various sectors of the economy
✔ Role of WTO and globalization in India
✔ Positive and negative consequences of economic reforms
More Class 12 Economics MCQ Quizzes
- Indian Economy on the Eve of Independence MCQ Quiz
- Indian Economy (1950-1990) MCQ Quiz
- National Income Accounting MCQ Quiz
Take the quiz now and strengthen your exam preparation!