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Question
The new economic reform process was initiated in India in __________.
The new economic reform process was initiated in India in __________.
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Solution
The correct option is A 1991
1:New economic reforms in India refers to the neo-liberal polices introduced by the government in 1991 and in the later years.
2:The central point of the reforms was liberalisation of the economy, simplifying regulations, giving more role to the private sector and opening up of the economy to competition
1:New economic reforms in India refers to the neo-liberal polices introduced by the government in 1991 and in the later years.
2:The central point of the reforms was liberalisation of the economy, simplifying regulations, giving more role to the private sector and opening up of the economy to competition
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