Economics · Economy
Which of the following statements about India’s economic liberalization is most accurate?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1India's economic liberalization had no impact on foreign investment.
- 2The economic reforms initiated by Prime Minister P.V. Narasimha Rao and Finance Minister Manmohan Singh primarily focused on privatizing state-owned enterprises starting in 1985.
- 3Liberalization policies were entirely reversed after their initial implementation.
- 4The initial steps towards liberalization were taken in the late 1980s.✓
Correct answer
The initial steps towards liberalization were taken in the late 1980s.
Explanation
मुख्य बिंदु:
भारत में औपचारिक और व्यापक आर्थिक सुधार 1991 में शुरू हुए थे, लेकिन उदारीकरण की दिशा में शुरुआती और आंशिक कदम 1980 के दशक के अंत (राजस्व और व्यापार नीतियों में आंशिक बदलाव) में ही उठाए जाने लगे थे।
सही विकल्प:
- (A) उदारीकरण की दिशा में शुरुआती कदम 1980 के दशक के अंत में उठाए गए थे।
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