Economics · Economic Reforms 1991
The abolition of the industrial licensing system, except for a few specific industries, was a core component of which pillar of the 1991 New Economic Policy?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Globalization
- 2Privatization
- 3Fiscal Responsibility
- 4Liberalization✓
Correct answer
Liberalization
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