Economics · Indian Economy
Consider the following statements regarding India's Economic Reforms of 1991: i. Lowered tariffs and reduced non-tariff trade barriers. ii. Enabled privatization through disinvestment and transfer of public entities. iii. Relaxed Foreign Direct Investment (FDI) regulations. iv. Adopted Liberalization, Privatization, and Globalization (LPG model). Which of the above statements are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1i, ii, iii and iv✓
- 2i, ii and iii only
- 3iii and iv only
- 4i and ii only
Correct answer
i, ii, iii and iv
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