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One of the primary goals of the New Economic Policy of 1991 was to control which of the following?

AEnvironmental issues

BInflation

CRegional imbalances

DPopulation growth

Answer:

B. Inflation

Read Explanation:

One of the primary goals of the New Economic Policy (NEP) of 1991 was to control inflation. The goal of the NEP 1991 was to reduce inflation rates and build up adequate foreign money reserves to increase its economic growth rate. The major aim is to plunge the Indian Economy into the 'globalization' arena and provide it with a new direction in the market.

Related Questions:

ഉദാരവൽക്കരണ നയത്തിൻ കീഴിൽ സർക്കാർ ആരംഭിച്ച സാമ്പത്തിക പരിഷ്കാരങ്ങൾ

Which of the following statements accurately describe the impact of globalization on the global economy?

  1. Increased international trade and financial flows have led to greater economic interconnectedness between countries.
  2. Globalization has uniformly reduced economic inequality and poverty worldwide, leading to a more equitable distribution of wealth.
  3. Globalization has consistently promoted the preservation of cultural diversity and heritage, reinforcing local traditions and customs.
  4. Globalization has had minimal environmental impact, as advancements in technology have helped reduce carbon emissions and promote sustainable practices globally.
    വ്യവസായ-വ്യാപാര, വാണിജ്യ രംഗങ്ങളിലുള്ള സർക്കാരിൻ്റെ നേരിട്ടുള്ള പങ്കാളിത്തം കുറയ്ക്കുവാൻ ഉദ്ദേശിച്ചുള്ള നയം :

    How has globalization impacted India's integration into the global economy?

    1. India has become more interconnected with the global economy, leading to increased vulnerability to global economic fluctuations.
    2. Greater exposure to international trade has resulted in India's increased role in shaping global trade policies.
    3. India's active participation in global governance institutions has elevated its influence in international economic matters.
    4. Enhanced access to international markets has strengthened India's position as a global economic powerhouse.

      What are the political consequences of globalization?

      1. The market, rather than welfare goals, is used to decide economic and social priorities.
      2. The state’s dominance continues to be the unquestioned foundation of the political community.
      3. Governments’ ability to make decisions on their own has been harmed by the arrival and expanded participation of multinational corporations.