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Question : On which date was the Industrial Policy of 1991 launched?

Option 1: 24 July

Option 2: 30 December

Option 3: 20 October

Option 4: 15 August


Team Careers360 18th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: 24 July


Solution : The correct option is 24 July.

On 24 July 1991, India launched the Industrial Policy of 1991. Among the reforms were initiatives to boost foreign investment, advance industrial growth, and lessen government involvement in several areas. India's economy became increasingly market-oriented in 1991 as a result of economic changes that were implemented in response to a balance of payments problem.

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