Question : Which reform aimed to encourage foreign trade and reduce import restrictions in the 1991 economic policy?

Option 1: Import substitution

Option 2: Export promotion

Option 3: Bilateral trade agreements

Option 4: Trade liberalization

Question : The 1991 economic policy aimed to promote:

Option 1: Import substitution

Option 2: Export promotion

Option 3: Central planning

Option 4: Trade restrictions

Question : The foreign trade policy of India during 1951-1991 primarily aimed at promoting which of the following?

Option 1: Import substitution

Option 2: Export promotion

Option 3: Protectionism

Option 4: Bilateral trade agreements

Question : The 1991 economic policy aimed to promote industrial growth and competitiveness through:

Option 1: Protectionist trade policies

Option 2: State control over industries

Option 3: Technological upgradation and modernization

Option 4: Export restrictions

Question : Which policy aimed to reduce the fiscal deficit and promote fiscal discipline in the 1991 economic policy?

Option 1: Monetary policy

Option 2: Fiscal policy

Option 3: Public debt policy

Option 4: External debt policy