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Question : What was a significant step taken by India in the context of globalization?

 

Option 1: Nationalization of industries  

Option 2: Economic liberalization reforms in 1991  

Option 3: Increased trade barriers  

Option 4: Isolation from global markets


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Answer (1)
Team Careers360 19th Jan, 2024

Correct Answer: Economic liberalization reforms in 1991  


Solution : India's significant step in the context of globalization was the economic liberalization reforms in 1991, which opened up its economy to global markets

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