Under which Finance Minister’s tenure India’s New Economic Policy of LPG was first officially initiated…
Manmohan Singh was Finance Minister when the major economic reforms associated with liberalisation, privatisation and globalisation began in 1991. The reforms relaxed…
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Under which Finance Minister’s tenure India’s New Economic Policy of LPG was first officially initiated and implemented ?
Answer and explanation
Correct answer D
Manmohan Singh was Finance Minister when the major economic reforms associated with liberalisation, privatisation and globalisation began in 1991. The reforms relaxed controls and expanded the role of markets and external economic engagement.
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Gujarat SET (GSET)