wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Economic Reforms of 1991 pertain to ___________ sectors in India.

A
Industrial Sector
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
External Trade Sector
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Financial Sector
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
All of the above
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D All of the above
During 1991, some new economic reforms where introduced in India which were also known as LPG ( Liberalization, Privatization, and Globalization). These reforms where taken to make the economy stable and take it out from the national crisis which it was facing. Moreover, these reforms affected all the sectors of the economy as all the sectors were involved in the big crisis.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Economic Environment in India
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon