18 Views

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


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: Technological upgradation and modernization


Solution : The correct answer is (c) Technological upgradation and modernization

The 1991 economic policy in India aimed to promote industrial growth and competitiveness through technological upgradation and modernization. The policy recognized the importance of adopting advanced technologies, improving productivity, and enhancing the quality of goods and services to compete effectively in the global market.

The focus on technological upgradation and modernization aimed to enhance the competitiveness of Indian industries by improving their production processes, product quality, and cost-efficiency. It also aimed to promote innovation and the development of new products and services.

 

Related Questions

UEI Global, Hotel Management ...
Apply
Training & Placement Guarantee | Top Recruiters: The Oberoi, Taj, Lee Meridien, Hyatt and many more
VIT Bhopal University | M.Tec...
Apply
M.Tech admissions open @ VIT Bhopal University | Highest CTC 52 LPA | Apply now
Amity University | M.Tech Adm...
Apply
Ranked amongst top 3% universities globally (QS Rankings).
Amity University Noida MBA Ad...
Apply
Amongst top 3% universities globally (QS Rankings)
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
XAT- Xavier Aptitude Test 2026
Apply
75+ years of legacy | #1 Entrance Exam | Score accepted by 250+ BSchools | Apply now
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books