Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

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

Question:

In which of the following sector, liberalisation was NOT attempted by India in 1980s?

Options:

technology upgradation

fiscal policy and foreign investment

industrial licensing

banking sector

Correct Answer:

banking sector

Explanation:

Though a few liberalisation measures were introduced in 1980s in areas of industrial licensing, export-import policy, technology upgradation, fiscal policy and foreign investment, reform policies initiated in 1991 were more comprehensive.