Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Liberalisation, Privatisation and Globalisation - An Appraisal

Question:

Which of the following sector (s) of the economy did not receive any attention as part of the liberalization policy adopted by India in 1991?

Options:

financial sector

foreign exchange market

disinvestment

all of the above

Correct Answer:

disinvestment

Explanation:

Disinvestment was part of Privatisation process.

Liberalisation measures included: Deregulation of Industrial Sector, Financial Sector Reforms, Tax Reforms, Foreign Exchange Reforms and Trade and Investment Policy Reforms.