Question : The economic liberalization reforms of 1991 in India aimed to:
Option 1: Increase state control over the economy
Option 2: Promote self-sufficiency in food production
Option 3: Open the economy to foreign investment and trade
Option 4: Strengthen public sector enterprises
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Answer (1)
7th Jan, 2024
Correct Answer: Open the economy to foreign investment and trade
Solution : The economic liberalization reforms of 1991 in India aimed to open the economy to foreign investment and trade, reduce state control, and promote private sector participation.
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