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
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.
College Comparison based on Courses, Placement, Rank, Fee
Question : The 1991 economic policy led to the abolition of the:
Question : What was a major criticism of the suspension of Five-year Plans in India?
Question : Which one of the following formulates the fiscal policy in India?
Question : Which body is constituted by the President of India to advise on the decision of Central Resources between the central and the State ?
Question : Identify the importance of business environment highlighted in the below case. Increase in the Indian share of World tourism the AGF hotels has planned for new hotels in India.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile