BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following phenomenon doesn’t form the part of NEP, 1991?
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Demonetisation
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Liberalisation
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Privatisation
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Globalisation
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Explanation:
Detailed explanation-1: -Detailed Solution. The correct answer is Centralization. Indian economy experienced an economic crisis in 1991.
Detailed explanation-2: -Creation of employment was not the objective of NEP.
Detailed explanation-3: -Panned economy is not the main feature of economic reforms. New economic policy was adopted by the Government of India in the year of 1991.
Detailed explanation-4: -Nationalisation was not included in the Industrial Policy of 1991. The policy envisaged disinvestment of government equity in public sector to mutual funds, financial institutions, the general public, and workers.
There is 1 question to complete.