Target Exam

CUET

Subject

Economics

Chapter

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

Question:
Industrial licensing was NOT abolished for which of the following products in accordance with economic reforms in 1991?
Options:
Electronics
Drugs
Aerospace
All of the above
Correct Answer:
All of the above
Explanation:
Industrial licensing was abolished for almost all products except — alcohol, cigarettes, hazardous chemicals, industrial explosives, electronics, aerospace and drugs and pharmaceuticals.