Question : Which industry was delicensed and allowed for automatic approval of foreign direct investment (FDI) in the 1991 economic policy?
Option 1: Telecom
Option 2: Aviation
Option 3: Banking
Option 4: Information technology
Correct Answer: Information technology
Solution : The correct answer is (d) Information technology
The industry that was delicensed and allowed for automatic approval of foreign direct investment (FDI) in the 1991 economic policy isInformation technology
The liberalization of the information technology sector in 1991 allowed for automatic approval of foreign direct investment. This policy change played a significant role in attracting foreign companies and investments into the Indian IT sector. It led to the growth of the IT industry, the establishment of software parks and special economic zones, and the emergence of India as a global IT hub
Question : The 1991 economic policy allowed for automatic approval of foreign direct investment (FDI) in which sector?
Question : What was the main objective of financial sector reforms in the 1991 economic policy?
Question : Which sector witnessed the largest inflow of foreign direct investment (FDI) after the 1991 economic policy?
Question : What is the full form of FDI?
Question : The 1991 economic policy in India aimed to address:
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