Economics · New Economic Policy
Which of the following is NOT a characteristic change in the administrative role and functioning of the Indian state triggered by the New Economic Policy (NEP) of 1991?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The reinforcement of the state's administrative capacity to act as a direct producer and rigid controller of market mechanisms✓
- 2The strategic promotion of public-private partnerships alongside the downsizing and restructuring of public sector enterprises
- 3A transformation in bureaucratic functioning that required greater professionalism, transparency, and responsiveness
- 4The transition of the state into a regulatory facilitator rather than an entity exercising direct control
Correct answer
The reinforcement of the state's administrative capacity to act as a direct producer and rigid controller of market mechanisms
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