The ‘Structural Adjustment Programme’ forced India to accept a policy of __________.

Extremism

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Dues

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Urbanisation

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Liberalisation

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Solution

The correct option is D Liberalisation
In 1992, the Indian government led by P.V Narasimha Rao negotiated with the International Monetary Fund (IMF) for loans to support the economic crisis faced by India at the time. The IMF laid out certain strict conditions, known as the ‘Structural Adjustment Programme’, which forced India to accept a policy of liberalisation.

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Similar questions

Q22. The New Economic Policy (NEP) of 1991 is also called as

i) L.P.G programme

ii) Structural adjustment programme

iii) Economical Readjustment programme

iv) Quick Recovery Programme

Choose the correct answer

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