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Question : Who was the Prime Minister of India when the Industrial Policy of 1991 was launched?

Option 1: Rajiv Gandhi

Option 2: P. V. Narasimha Rao

Option 3: Chandra Shekhar

Option 4: V. P. Singh


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Team Careers360 21st Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: P. V. Narasimha Rao


Solution : The correct option is P. V. Narasimha Rao.

The Industrial Policy of 1991 in India was launched during the tenure of Prime Minister P. V. Narasimha Rao. The reforms included measures such as liberalisation of industrial licensing, reduction of trade barriers, encouragement of foreign direct investment (FDI), and privatisation of some public sector enterprises.

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