Which of the Following Economic Reforms Were Taken Up by the Government Under Liberalisation During the New Economic Reform Era?

(a) Industrial sector reform

(b) Tax reform

(c) Financial sector reform

(d) All of the above

Answer: d. All of the above

Under liberalisation, the government brought forward a slew of reforms during the new economic policy launched in 1991. Starting with reforms in the Industrial sector, finance sector and reforms in taxation.

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