LPG Reforms

Module A: Indian Economic Architecture

Economic Reforms in India: Structural Changes and Banking Impact – JAIIB Guide
Byjaiibadmin October 30, 2025November 2, 2025

Economic Reforms: India’s Transformation Journey India’s economic reforms have been a continuous process since 1991, fundamentally restructuring the economy and transforming the banking sector. Understanding these reforms is crucial for JAIIB aspirants as they directly impact banking operations, regulations, and business environment. Genesis of Economic Reforms Pre-Reform Challenges (1947-1991) Challenge Impact Economic Indicator License Raj…

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Module A: Indian Economic Architecture

Globalization Impact on Indian Economy: LPG Reforms & Integration – JAIIB Guide
Byjaiibadmin October 30, 2025November 2, 2025

Globalization: Transforming India’s Economic Landscape Globalization has fundamentally transformed the Indian economy since the 1991 LPG reforms. Understanding its impact is crucial for JAIIB aspirants as it shapes banking policies, international finance, and economic development strategies. Pre-Globalization Era (Before 1991) Economic Characteristics Aspect Status Impact Economic Model Socialist Pattern State-controlled economy Trade Policy Import Substitution…

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