Question : Statement 1: Trade reforms in the 1991 economic policy aimed to reduce trade barriers.

Statement 2: The introduction of export subsidies was a key feature of trade reforms.

Option 1: Both statements are true.

Option 2: Both statements are false.

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.

Question : Statement 1: Trade reforms aimed to remove trade barriers and promote free trade.

Statement 2: Import substitution was the main objective of trade reforms in the 1991 economic policy.

Option 1: Both statements are true.

Option 2: Both statements are false.

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.

Question : Statement 1: Trade reforms aimed to reduce import tariffs and promote exports.

Statement 2: Import substitution was the main objective of trade reforms in the 1991 economic policy.

Option 1: Both statements are true.

Option 2: Both statements are false.

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.

Question : Statement 1: The 1991 economic policy aimed to address the balance of payments crisis in India.

Statement 2: The economic reforms of 1991 were initiated under the leadership of Rajiv Gandhi.

Option 1: Both statements are true.

Option 2: Both statements are false.

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.

Question : Statement 1: The 1991 economic policy in India aimed to address high inflation and fiscal deficit.

Statement 2: The economic reforms of 1991 were initiated under the leadership of Indira Gandhi.

Option 1: Both statements are true.

Option 2: Both statements are false.

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.