Question : Which committee recommended the liberalization of India's industrial policies in 1991?
Option 1: Narasimham Committee
Option 2: Rangarajan Committee
Option 3: Goswami Committee
Option 4: Abid Hussain Committee

Question

Question : Which committee recommended the liberalization of India's industrial policies in 1991?

Option 1: Narasimham Committee

Option 2: Rangarajan Committee

Option 3: Goswami Committee

Option 4: Abid Hussain Committee

Team Careers360 · Accepted Answer

Correct Answer: Narasimham Committee

Solution : The correct answer is (a) Narasimham Committee.

The Narasimham Committee was appointed by the Government of India in August 1991 to recommend changes to the financial system. The committee's report, which was submitted in November 1991, recommended a number of reforms, including the liberalization of industrial policies. These reforms were implemented in the New Industrial Policy of 1991.

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Question : Which committee recommended the liberalization of India's industrial policies in 1991?Option 1: Narasimham CommitteeOption 2: Rangarajan CommitteeOption 3: Goswami CommitteeOption 4: Abid Hussain Committee

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Question : Which committee recommended the liberalization of India's industrial policies in 1991?
Option 1: Narasimham Committee
Option 2: Rangarajan Committee
Option 3: Goswami Committee
Option 4: Abid Hussain Committee

Question : Statement 1: The New Economic Policy of 1991 aimed at liberalizing India's industrial policies.

Statement 2: The New Economic Policy encouraged foreign investment and globalization.