मराठी

Statement 1: Economic Reforms of 1991 paved the way for the liberalisation of Indian Economy. - Economics

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प्रश्न

Statement 1: Economic Reforms of 1991 paved the way for the liberalisation of Indian Economy.

Statement 2: Economic Reforms of 1991 relaxed the restrictions imposed by the government on private sector.

पर्याय

  • Statement 1 is true and statement 2 is false.

  • Statement 2 is true and statement 1 is false.

  • Both statement are true.

  • Both statement are false.

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उत्तर

Both statement are true.

Explanation:

In 1991, India adopted LPG reforms. Liberalisation was part of the policy, as it removed the government's constraints on the private sector.

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