LPG Model — Practice Quiz
ICSE · Class 9 · Economics
Try a 4-question quiz on LPG Model for ICSE Class 9 Economics: tap an answer to check it and see why. 66 questions in the full chapter test.
Interactive on Super Tutor
Studying LPG Model? Get the full interactive chapter.
Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for practice quiz and more.
Free trial, no card needed.
Quick Quiz: LPG Model
0/4Tap an answer to check it instantly. No sign-up needed for these 4.
What does LPG stand for in the New Economic Policy?
Economic reforms in India refer to policy measures introduced since 1991 to improve what?
Who was the Prime Minister of India when the New Economic Policy was introduced in 1991?
Who was the Finance Minister of India at the time the New Economic Policy was introduced in 1991?
Sample Questions
Which of the following is a component of the LPG Model?
Show answer
Liberalisation
Liberalisation is one of the three components of the LPG Model.
Which statement best describes liberalisation?
Show answer
Liberating trade and industry from unwanted government controls and restrictions
Liberalisation means removing unwanted controls and restrictions on trade and industry.
What is privatisation?
Show answer
A process that reduces the participation of the state or public sector in economic activities
Privatisation reduces the role of the state or public sector and gives a greater role to private capital.
What does globalisation mean?
Show answer
Integrating the domestic economy with the world economy
Globalisation means integrating the economy with the world economy.
+62 more questions on LPG Model (ICSE Class 9 Economics)
Practise AllFrequently Asked Questions
What are the important topics in LPG Model for ICSE Class 9 Economics?
How many practice questions are there for LPG Model?
Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
More resources for LPG Model
Important Questions
Exam-style questions with answers
Revision Notes
Key points for last-minute revision
Chapter Summary
Understand the chapter at a glance
Concept Maps
See how topics connect
Study Plan
Step-by-step plan for this chapter
Flashcards
Quick-fire cards for active recall
Syllabus
What topics to cover
For serious students
Get the full LPG Model chapter — start free.
Quizzes, flashcards, an AI doubt solver and a study plan for ICSE Class 9 Economics. Free to start, no card needed.