The new economic policy of 1991 manifest in -

CA Foundation · Business Economics · MTP · June 2024
The new economic policy of 1991 manifest in -
(A) A. State led industrialization and import substitution
(B) B. Rethinking the role of markets versus the state
(C) C. Emphasized the role of good governance
(D) D. Bringing about reduction in poverty and redistributive justice

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Rethinking the role of markets versus the state

Topics: Price Determination in Different Markets

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