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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


Team Careers360 20th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

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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