Site navigation

Who was the Union Finance Minister of India when the LPG (Liberalization, Privatization, Globalization)…

Manmohan Singh was Union Finance Minister in the government formed in June 1991 and presented the July 1991 budget that launched the liberalization, privatization and…

Choose your answer

Who was the Union Finance Minister of India when the LPG (Liberalization, Privatization, Globalization) reforms were launched in July 1991?

Select one answer
Answer and explanation

Correct answer B

Manmohan Singh was Union Finance Minister in the government formed in June 1991 and presented the July 1991 budget that launched the liberalization, privatization and globalization reforms. P.V. Narasimha Rao headed that government as Prime Minister, Montek Singh Ahluwalia was a senior economic official rather than a minister, and Pranab Mukherjee was Finance Minister in other periods, not in 1991.

Practice for these exams

  • Himachal Pradesh SET (HP SET)

Related question papers

Related exam syllabi

Related questions in this topic