Question : Which of the following is a key feature of the New Economic Policy of 1991 in India?
Option 1: Nationalization of industries
Option 2: Protectionist trade policies
Option 3: Privatization of public sector enterprises
Option 4: Central planning of the economy
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Answer (1)
22nd Jan, 2024
Correct Answer: Privatization of public sector enterprises
Solution : A key feature of the New Economic Policy of 1991 in India was the privatization of public sector enterprises, aimed at reducing the role of the government in the economy and promoting private investment.
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