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

LPG reforms were adopted in ____ 5 year plan

A
10th
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
8th
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is B 8th
India's New Economic Policy(NEP) was announced on July 24, 1991 known as the LPG or Liberalisation, Privatisation and Globalisation (LPG) model.

It was the beginning of LPG in India. Modernization of industries was a major highlight of the Eighth 5 year plan.

flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Privatisation and Globalisation
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon