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Which feature of NEP is best described by “LPG reforms”?

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Question

Which feature of NEP is best described by “LPG reforms”?

Options

  • License, Public Sector, and Growth

  • Local, Provincial, and Government reforms

  • Loans, Price Control, and Guarantees

  • Liberalisation, Privatisation, and Globalisation

MCQ
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Solution

Liberalisation, Privatisation, and Globalisation

Explanation:

The NEP is known for introducing LPG reforms to modernise and open up the Indian economy.

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