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Question

Who made moves towards making the economic system liberal by allowing the free flow of foreign capital and goods to India?

A
Indira Gandhi
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B
Rajiv Gandhi
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C
PV Narasimha Rao
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D
Morarji Desai
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Solution

The correct option is B Rajiv Gandhi
Rajiv Gandhi brought in changes in the economic policy during his stint as Prime Minister. In the first budget of his government in 1985, he moved towards making the system liberal by allowing the free flow of foreign capital and goods to India. He removed the controls imposed earlier on the economy.

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