Question : Which of the following is a key feature of the New Economic Policy of 1991 in India?

Option 1:  Nationalization of industries

Option 2: Protectionist trade policies

Option 3: Privatization of public sector enterprises

Option 4:  Central planning of the economy

Question :  What was the main focus of the New Economic Policy introduced in India in 1991?

Option 1:  Liberalization of the economy

Option 2: Promotion of small scale industries

Option 3: Nationalization of banks

Option 4:  Strengthening of public sector units

Question : The 1991 economic policy led to the liberalization of which sector in India? 

Option 1: Agriculture

Option 2:  Healthcare

Option 3: Services

Option 4: Public transportation

Question : Which policy aimed to dismantle the license raj and reduce government control in India?

Option 1: Import substitution

Option 2: Swadeshi movement

Option 3: New Economic Policy

Option 4: Five-Year Plans

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