1. Do you agree with the following statement?

Explain. "The contribution of India's major reforms of 1991 to its economic growth has been overrated because the growth rate in India had already shifted in the 1980s, making it impossible to credit the 1991's reforms with the improved performance of India.

2. . China's "New Normal" is a term for describing the slowdown of China's economic growth. When did China reach the era of new normal and what are the underlying causes of the new normal? Explain.