Economics · Indian Economy
Regarding Economic Liberalization in India (1991), which of the following statements is incorrect?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Government monopoly in key industries was increased✓
- 2Foreign direct investment was encouraged
- 3Private sector participation was increased
- 4Industrial licensing was significantly reduced
Correct answer
Government monopoly in key industries was increased
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