Economics · Economic Reforms
The New Economic Policy (NEP) of 1991 consisted of Stabilization Measures and Structural Adjustment Programs. Which of the following was categorized under Stabilization Measures rather than Structural Reforms?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Industrial deregulation and delicensing
- 2Correcting the balance of payments crisis and controlling inflation✓
- 3Financial sector reforms and tax reforms
- 4Foreign investment and trade policy liberalization
Correct answer
Correcting the balance of payments crisis and controlling inflation
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