In which year New Economic Policy was introduced in India ?
(
This question was previously asked in
Shift 28/05/2023 3:30 PM - 6:30 PM
A
1981
B
1991
C
1982
D
1992
Correct Answer
1991
Detailed Explanation
- The New Economic Policy (NEP) in India, often referred to as economic liberalization, was introduced in 1991. This policy marked a significant turning point in India's economic history. It aimed to liberalize and reform various sectors of the economy, reduce government controls and regulations, encourage foreign investment, and promote economic growth.
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