Question : What was a key economic reform introduced in the 1990s that was influenced by the rise of new economic interests during the era of planned development?
Option 1: Nationalization of banks
Option 2: Liberalization of trade policies
Option 3: Introduction of Goods and Services Tax (GST)
Option 4: Abolition of industrial licensing
Correct Answer: Abolition of industrial licensing
Solution : A key economic reform introduced in the 1990s, influenced by the rise of new economic interests during the era of planned development, was the abolition of industrial licensing, which aimed to reduce government control and promote private investment.
Question : What was one of the reasons for the participatory upsurge in the 1990s in India?
Question : What was a significant outcome of the rise of new economic interests during the era of planned development in India?
Question : Which policy change in the 1990 s contributed to the rise of regional parties in India?
Question : How did the rise of new economic interests during the era of planned development impact India's fiscal policy?
Question : What is a good indicator to identify the effect of policies on the industrial sector?
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