Question

The Indian economy has witnessed various changes since the introduction of the New Economic Policies of 1991.

Which of the following are a few positive impacts of the New Economic Policies in India?

• A. Increase in production
• B. Increase in exports
• C. Increase in employment opportunities
• D. Increase in imports

Answer 1

Answer: (A), (B), (C)

Increase in employment opportunities

With the advent of the New Economic Policies, technological development and investments in business have improved. All these changes have led to an increase in the production of goods and services. The share of exports has also increased over the years. Such changes have brought about huge employment opportunities.