Which one of the following is not a policy measure initiated by Govt. of India in 1991 towards…
The 1991 reforms moved toward exchange-rate adjustment, import liberalisation and opening to foreign capital. Cash Compensatory Support was an earlier export-subsidy scheme…
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Which one of the following is not a policy measure initiated by Govt. of India in 1991 towards globalization ?
Answer and explanation
Correct answer D
The 1991 reforms moved toward exchange-rate adjustment, import liberalisation and opening to foreign capital. Cash Compensatory Support was an earlier export-subsidy scheme rather than a newly initiated globalization measure.
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RPSC Assistant Professor (College Education)