wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which is not a part of new economic reforms in India?

A
Globalisation
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Centralisation
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Privatisation
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Liberalisation
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C Centralisation
New economic reforms in India are the neo-liberal polices introduced by the government during 1991 and later years. Main features of it includes Dereservation of the industrial sector, Industrial delicensing policy, Opening up of the economy to foreign competition, Liberalization of trade and investment, Financial Sector Reforms, Reforms related to the Public sector enterprises, Abolition of MRTP (Monopoly and Restricted Trade Practice) Act.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Privatisation and Globalisation
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon