Question

which of the following was not a part of the industrial policy 1991 ?​

Answer 1

Explanation:

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Answer 2

Correct question:

Which of the following was not a part of the industrial policy 1991?​

(a). Privatisation

(b). Nationalization

(c). Liberalization

(d). Globalization

The correct option is (b). Nationalization.

• The 1991 Industrial Policy did not entail nationalization. The strategy called for government equity in the public sector to be distributed to mutual funds, financial institutions, the general public, and employees.
• In 1991, India's economy was hit by a recession. Foreign currency holdings have plummeted to the point where they could barely cover two weeks' worth of imports. In August 1991, the yearly rate of inflation hit 16.7%.
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