The NEP was classified into two groups. Which are the two groups?

Stabilization measures and Structural reform measures

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Corrective measures and recovery measures

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Industrial development measures and remedial measures

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None of the above

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Solution

The correct option is A Stabilization measures and Structural reform measures
The NEP consisted of wide ranging economic reforms. NEP stands for New Economic Policy. This set of policies can broadly be classified into two groups: the stabilization measures and the structural reform measures.

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Out of stabilisation measures and structural measures under NEP, can you choose one of them? If not why? Explain.

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