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The New Economic Policy introduced in 1991 marked a significant shift in India's economic strategy. What was its primary focus? (1991)

Practice Questions

1 question
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The New Economic Policy introduced in 1991 marked a significant shift in India's economic strategy. What was its primary focus? (1991)
  1. Socialism
  2. Liberalization and globalization
  3. Protectionism
  4. Agricultural reforms

Questions & Step-by-step Solutions

1 item
Q
Q: The New Economic Policy introduced in 1991 marked a significant shift in India's economic strategy. What was its primary focus? (1991)
Solution: The New Economic Policy of 1991 focused on liberalization and globalization, moving away from the previous socialist policies.
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