State whether the following statement is True or False. The New Economic Policy diluted the role of public sector.
A
True
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
False
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is A True After the industrial policy of 1991, the role of public sector has changed in the following ways : (1) Reduced number of reserved industries. (2) Dilution of shareholdings. (3) Revival of sick units