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What was the main aim of liberalisation under the New Economic Policy?

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Question

What was the main aim of liberalisation under the New Economic Policy?

Options

  • Increasing government control in business

  • Reducing government restrictions on economic activities

  • Decreasing private enterprises

  • Disconnecting from the world market

MCQ
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Solution

Reducing government restrictions on economic activities

Explanation:

Liberalisation aimed to reduce government control and promote a freer, more competitive economy.

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