In which year was the economic liberalization in India initiated? [#1219] | SPPMMC

In which year was the economic liberalization in India initiated? [#1219]

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Q1. In which year was the economic liberalization in India initiated?
Q1. In which year was the economic liberalization in India initiated?

(A) 2005
(A) 2005
(B) 2014
(B) 2014
(C) 1978
(C) 1978
(D) 1991
(D) 1991
Answer: (D) 1991
Answer: (D) 1991
Economic liberalization in India was initiated in 1991. The reforms were introduced in July 1991 by the minority government of Prime Minister P.V. Narasimha Rao and Finance Minister Dr. Manmohan Singh. The reforms were a response to a balance of payments crisis and were part of an International Monetary Fund (IMF) program.
Economic liberalization in India was initiated in 1991. The reforms were introduced in July 1991 by the minority government of Prime Minister P.V. Narasimha Rao and Finance Minister Dr. Manmohan Singh. The reforms were a response to a balance of payments crisis and were part of an International Monetary Fund (IMF) program.

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2024-06-20

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