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Which of the following statements accurately describes the industrial policy of India before the liberalisation, Globalisation and Privatisation reforms?

AThe industrial policy before 1991 was a pro-public sector reform

BThe industrial policy before 1991 was a pro-private sector reform

CThe industrial policy before 1991 was an anti-public sector reform

DThe industrial policy before 1991 was an anti-private sector reform

Answer:

A. The industrial policy before 1991 was a pro-public sector reform

Read Explanation:

  • The industrial policy before 1991 was a pro-public sector reform


Related Questions:

Which of the following is/are not a part of structural reforms of New Economic Policy-1991 of India?

  1. Industrial deregulation
  2. Disinvestment and Public sector reforms
  3. Import substitution
  4. Financial sector reforms
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