Question : The 1991 economic policy allowed for the entry of foreign investment in which sector?
Option 1: Education
Option 2: Media and entertainment
Option 3: Defense
Option 4: Agriculture
Correct Answer: Media and entertainment
Solution : The correct answer is (b) Media and entertainment
The liberalization measures implemented in 1991 aimed to attract foreign investment and encourage economic growth. As part of these reforms, restrictions on foreign investment in various sectors, including media and entertainment, were relaxed. This allowed for increased foreign participation and investment in areas such as television, film production, broadcasting, print media, and other related segments.
The opening up of the media and entertainment sector to foreign investment brought in new technologies, expertise, and capital, leading to the expansion and diversification of the industry. It facilitated the growth of the Indian media landscape and contributed to its global reach and influence.
Question : The 1991 economic policy allowed for automatic approval of foreign direct investment (FDI) in which sector?
Option 1: Banking
Option 2: Agriculture
Option 3: Telecommunications
Option 4: Defense
Question : Which sector witnessed the largest inflow of foreign direct investment (FDI) after the 1991 economic policy?
Option 1: Manufacturing
Option 3: Services
Option 4: Infrastructure
Question : The 1991 economic policy led to the deregulation of which sector in India?
Option 1: Energy
Option 2: Transportation
Option 3: Agriculture
Option 4: Education
Question : The New Economic Policy of 1991 aimed at achieving which of the following?
Option 1: Faster economic growth
Option 2: Reduction in poverty
Option 3: Attracting foreign investment
Option 4: All of the above
Question : Which of the following is not an important feature of the Industrial Policy of 1991?
Option 1: Foreign Technology Agreements
Option 2: Industrial Licensing Policy
Option 3: No Foreign Trade Policy
Option 4: Public Sector Policy
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