SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In which year Indian Government announced New Economic Policy (NEP)
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1991
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2001
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2011
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1981
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Explanation:
Detailed explanation-1: -The correct option is A 1991. The New Economic Policy was initiated in 1991 by the government of India.
Detailed explanation-2: -Ans: The New Economic Policy (NEP) was announced by the P. V. Narasimha Rao government in 1991. The goal of the NEP was to open up the Indian economy to foreign investment and promote economic growth. Ans.
Detailed explanation-3: -India adopted a new economic policy on 24th July 1991 to plunge the Indian economy in the global arena. 3 features of new economic policy are-liberalization, privatization, globalization. Was this answer helpful?
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