When did India introduce economic reforms to liberalise the economy and attract more investments?
A
1956
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
1991
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
2003
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
2008
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is B 1991 In 1991, the government introduced economic reforms to liberalise the economy and attract more investments. It was known as the New Economic Policy, and it opened the doors for Indian and foreign investments.