GENERAL KNOWLEDGE

Detailed explanation-1: -The Kronshtadt Rebellion of March 1921 convinced the Communist Party and its leader, Vladimir Lenin, of the need to retreat from socialist policies in order to maintain the party’s hold on power. Accordingly, the 10th Party Congress in March 1921 introduced the measures of the New Economic Policy.

Detailed explanation-2: -The New Economic Policy (NEP) was an economic policy of the Soviet Union proposed by Vladimir Lenin in 1921 as a temporary relief for the Russian economy.

Detailed explanation-3: -The New Economic Policy (NEP), introduced by Lenin at the Tenth Party Congress in March 1921, represented a major departure from the party’s previous approach to running the country.

Detailed explanation-4: -On April 25, 1921 Lenin introduced the Tax In Kind policy, which would replace the “surplus-food appropriation, ‘’ or the policy which assigned a certain amount of the peasants’ produce which the State was entitled to.