Question : The 1991 economic liberalization in India included measures such as:  
 

Option 1: Increasing subsidies for agriculture  
 

Option 2: Strengthening labor laws  
 

Option 3: Reducing barriers to foreign trade and investment  

Option 4: Expanding the public sector  

Question : The 1991 economic policy in India aimed to address:

Option 1: Increasing government control in the economy

Option 2: High inflation and fiscal deficit

Option 3: Excessive privatization of public enterprises

Option 4: Declining foreign direct investment (FDI)

Question : A consequence of economic liberalization in India was:  
 

Option 1: Strengthening of labor unions  
 

Option 2: Increased competition in domestic markets  
 

Option 3: Expansion of the public sector  

Option 4: Decrease in foreign direct investment  

Question : Economic liberalization in India began in:  
 

Option 1: 1950s  
 

Option 2: 1960s  
 

Option 3: 1980s  

Option 4: 1991  

Question : The focus on heavy industries during planned industrialization in India was intended to:  
 

Option 1: Attract foreign investment  
 

Option 2: Promote self-reliance and economic sovereignty  
 

Option 3: Encourage the growth of the service sector  

Option 4: Increase agricultural exports