Economics · Economic Reforms (LPG)
Which of the following is NOT a consequence or impact resulting from the Liberalization, Privatization, and Globalization (LPG) reforms in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Eradication of unemployment across all sectors and complete removal of regional imbalances✓
- 2Increased foreign exchange reserves and greater dependence on global markets
- 3Rising income inequality and escalation of regional disparities
- 4Acceleration of GDP growth and expansion of the private sector
Correct answer
Eradication of unemployment across all sectors and complete removal of regional imbalances
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