1 View

Question : How did the rise of new economic interests during the era of planned development impact India's trade policies?

 

Option 1: It led to increased protectionism.

Option 2: It promoted liberalization of trade.

Option 3: It resulted in a focus on import substitution.

Option 4: It encouraged bilateral trade agreements.


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 16th Jan, 2024

Correct Answer: It promoted liberalization of trade.


Solution : The rise of new economic interests during the era of planned development promoted the liberalization of trade, leading to a gradual opening of the Indian economy to global markets and reduced trade barriers.

Related Questions

Great Lakes PGPM & PGDM 2025
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024
CLAT Current Affairs with GK ...
Apply
Stay updated with current affairs & check your preparation with the CLAT General Knowledge Mock Tests Ebook
CLAT English Language Mock Tests
Apply
Free Ebook - CLAT 2025 English Language questions with detailed solutions
VIT Business School, Vellore ...
Apply
Top Recruiters-Amazon, Microsoft, ITC, Marico, Mindtree & many more | Merit Scholarships available
SLAT 2025 - The Symbiosis Law...
Apply
Conducted by Symbiosis International (Deemed University) | Ranked #5 in Law by NIRF | Ranked #2 among best Pvt Universities by QS World Rankings
Symbiosis Law School Pune Adm...
Apply
NAAC A++ Accredited
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books