In India New Economic Policy was declared in _________. (1990, 1991, 1992, 1993). Fill in the blank by choosing correct option from the options given in the bracket.
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the new policy was declared in 1991
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The correct answer to this question is 1991. it was during the year of 1991 that a new economic policy was actually a neoliberal adjustment program which allowed for taking aid from the IMF.
During the year of 1990, India faced an economic crisis and because of that they had to take the loan from the IMF.
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