Question

New Economic Policy was adopted in India under the Prime Ministership of ______.

Options

• V.P. Singh

• Manmohan Singh

• Narasimha Rao

• H.D. Deve Gauda

Answer 1

New Economic Policy was adopted in India under the Prime Ministership of Narasimha Rao.

Explanation:

The New Economic Policy in India became particularly visible in 1991, when Prime Minister Narasimha Rao, with Dr. Manmohan Singh as the Finance Minister. This was a dramatic shift in India's economic strategy. So, while Manmohan Singh had an important role, the policy was implemented by Prime Minister Narasimha Rao.