A- Economic reforms in $1991$ ended the notion of the state controlling the commanding heights of the economy.
B- __________________________________.
C- The very success of this strategy created scope for greater extraction of money.

Reformers enabled many business sector to thrive

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

But none thrived more than politics-as- business

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Extortion became massive

No worries! We‘ve got your back. Try BYJU‘S free classes today!

This then led to the backlash, which means that even after pay-offs, clearances are uncertain

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Reformers enabled many business sector to thrive
Option A is correct because it is sequentially talking about the reforms mentioned in the previous sentence. The rest of the options do not elaborate about the reforms, hence these are incorrect.

Suggest Corrections

Similar questions

Q. As part of Economic Reforms in 1991, Financial Sector Reforms relates to :

Q. The signs of crisis which created the need for Economic Reforms in 1991 were ________________.

Q. Economic Reforms of 1991 pertain to ___________ sectors in India.

A company X Ltd. manufacturing cosmetics, which has enjoyed a pre-eminent position in a business, has grown in size. Its business was very good till 1991. But after that, a new liberalised environment has seen an entry of many MNC's in the sector.

With the result, the market share of X Ltd. has declined. The company had followed a very centralised business model with directors and divisional heads making even minor decisions. Before 1991, this business model had sewed the company very well as consumers have no choice. But now, the company is under pressure to reform.

How will the changes suggested by you help the firm? (Keep in mind that the sector in which the company is FMCG).

Discuss the financial sector reforms as part of the New Economic Policy of 1991.

Join BYJU'S Learning Program

A- Economic reforms in 1991 ended the notion of the state controlling the commanding heights of the economy.B- __________________________________.C- The very success of this strategy created scope for greater extraction of money.

The correct option is C Reformers enabled many business sector to thriveOption A is correct because it is sequentially talking about the reforms mentioned in the previous sentence. The rest of the options do not elaborate about the reforms, hence these are incorrect.

A- Economic reforms in $1991$ ended the notion of the state controlling the commanding heights of the economy.
B- __________________________________.
C- The very success of this strategy created scope for greater extraction of money.

The correct option is C Reformers enabled many business sector to thrive
Option A is correct because it is sequentially talking about the reforms mentioned in the previous sentence. The rest of the options do not elaborate about the reforms, hence these are incorrect.