(i) Discuss briefly, causes and consequences of tax reforms taken by the Indian Government during economic reforms. (ii) Distinguish between Multilateral Trade and Bilateral Trade. (i) "Import substitution policy, if not applied carefully, can prove to be a double-edged sword for any economy." Do you agree with the given statement ? Justify your answer with valid arguments. (ii) Distinguish between stabilising measures and structural measures, as taken up by the Government of India in 1991.