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Question :  What was the main focus of the New Economic Policy introduced in India in 1991?

 

Option 1:  Liberalization of the economy

 

Option 2: Promotion of small scale industries

 

Option 3: Nationalization of banks

 

Option 4:  Strengthening of public sector units

 


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Team Careers360 13th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer:  Liberalization of the economy

 


Solution : The New Economic Policy of 1991 focused on liberalizing the Indian economy by reducing government control over various sectors and encouraging foreign investment and privatization.

 

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