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Question

State whether the following statement is True or False.
The New Economic Policy diluted the role of public sector.

A
True
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B
False
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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

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