General Studies · Indian Economy and Reforms
What major shift occurred in India's industrial policy following the economic reforms of 1991?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1More private companies and foreign investments were allowed.✓
- 2The government increased control over private industries.
- 3Farming became the only source of national income.
- 4Only agriculture was given importance, not industry.
Correct answer
More private companies and foreign investments were allowed.
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