Which of the following was not a major reform introduced during the 1980s in India?

CA Foundation · Business Economics · PYQS · January 2026
Which of the following was not a major reform introduced during the 1980s in India?
(A) A. Industrial delicensing
(B) B. Formation of SEBI
(C) C. Currency demonetization
(D) D. Implementation of MODVAT

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Currency demonetization

Topics: Indian Economy

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