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Question

Who among the following was the finance minister during the time of 1991 economic reforms?


A
Dr Manmohan Singh
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B
Sardar Vallabh Bhai Patel
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C
Jawaharlal Nehru
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D
Indira Gandhi
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Solution

The correct option is A Dr Manmohan Singh

Economic liberalization of India was initiated in the year 1991. The main goal of liberalization is to make economy more market oriented with expanded role of private and foreign investment. The former prime minister P V Narasimha Rao spearheaded economic liberalization policies in the early 1990s. During 1991 economic reforms Dr. Man Mohan Singh was the finance minister.


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