Indian Economy
With the objective of opening the insurance sector for private participation the Insurance Regulatory and Development Authority Act (IRDA) was passed in:

the year 1995
the year 1998
the year 2005
the year 1990

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Indian Economy
One of the reasons for India's occupational structure remaining more or less the same over the years has been that

people are largely unaware of the significance of transition from agriculture to industry for econom
productivity in agriculture has been high enough to induce people to stay with agriculture
investment pattern has been directed towards capital intensive industries
ceiling on land holdings have enabled more people to own land and hence their preference to stay wit

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Indian Economy
Devaluation of a currency means

fall in exchange value of a country by market forces
reduction in external value/exchange value of currency by the government
reduction in currency value due to wear and tear
all of the listed here

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