20वीं सदी के मध्य के दौरान भारत में 'लाइसेंस राज' मुख्य रूप से निम्नलिखित में से किस प्रणाली को संदर्भित करता था?

In addition to the rising current account deficit and the impact of the Gulf War on international oil prices, what was a significant internal factor that precipitated the 1991 Balance of Payments crisis in India?

Which trade policy strategy was primarily adopted by India during the 1950s and 1960s to promote domestic growth?