Economics · Indian Economy
What change was made regarding the activities reserved for the public sector under the Industrial Reform Policy of 1991?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1All Public Sector Undertakings (PSUs) were privatized immediately.
- 2No changes were made to the 1956 policy.
- 3The scope of reserved activities was reduced and private sector was allowed.✓
- 4Public sector was eliminated entirely.
Correct answer
The scope of reserved activities was reduced and private sector was allowed.
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