Identify the steps taken during the Annual Plans in 1990–92.
A
Autonomy for private sectors
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B
Relaxed restrictions on agricultural laws
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C
Entry of private companies in the public sector
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D
Relaxed import–export restrictions
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Solution
The correct option is D Relaxed import–export restrictions The Annual Plans were made with the intention of implementing immediate corrective actions for the economy. Some of the corrective actions are as follows:
Autonomy for private industries
Reduced restrictions on imports and exports
Permission for the private sector to enter in areas that were earlier reserved for the public sector