BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -India’s New Economic Policy was announced on July 24, 1991 known as the LPG or Liberalisation, Privatisation and Globalisation model.

Detailed explanation-2: -In India, Liberalisation & Privatisation began from 1991. Q. The ultimate benefits of liberalisation, privatisation and globalisation in India are the .

Detailed explanation-3: -The new Industrial Policy was announced in 1991.

Detailed explanation-4: -The New Economic Policy was initiated in 1991 by the government of India.

Detailed explanation-5: -What were the three branches of Economic Reforms in 1991? Ans. The three branches of the new economic policy of 1991 were Liberalization, Privatization and Globalization.