HomeTestsSearchRankProfile
mediumMCQWBCS Prelims2026Economics
1 mark

'Economic Reform' measures in India were formally introduced in

  1. A
    July, 1991
  2. B
    August, 1947
  3. C
    January, 1980
  4. D
    March, 1990

Solution & Step-by-step Explanation

Confronted by a severe balance of payments emergency, the Government of India officially initialized sweeping economic structural adjustments, Liberalisation, Privatisation, and Globalisation (LPG policies), in July 1991 under Prime Minister P. V. Narasimha Rao and Finance Minister Dr. Manmohan Singh.

Practice this question

Try it yourself before checking the explanation above.

'Economic Reform' measures in India were formally introduced in
A
July, 1991
B
August, 1947
C
January, 1980
D
March, 1990

Share This Question

Related Questions

Ready for a Full Test?

Practice with timed mock tests and track your performance across Economics.

Discussion