App Logo

No.1 PSC Learning App

1M+ Downloads

The main objective of the New Economic Policy (NEP) of India (1991)

  1. i. To bring down poverty and unemployment.
  2. To bring down the rate of inflation and remove imbalances in payment.
  3. To move towards a higher economic growth rate and build sufficient foreign exchangereserves.
  4. To plunge the Indian economy into the arena of Globalization and to give it a newthrust on market orientation.

Which of the above statements are not correct ? 

 

Ai only

Bii, iii and iv

Ci and iii

Di, ii, iii and iv

Answer:

D. i, ii, iii and iv


Related Questions:

How has globalization impacted the socio-economic landscape of India?

  1. Increased market competition has bolstered domestic industries, promoting economic growth.
  2. The dominance of multinational corporations has led to wider economic inequalities.
  3. Economic liberalization has encouraged the development of small and medium-sized enterprises (SMEs).
  4. The rise of a consumer credit society has enabled individuals to make purchases beyond their means.

    1991-ലെ സാമ്പത്തിക പരിഷ്കരണവുമായി ബന്ധപ്പെട്ട പ്രസ്താവനകളില്‍ ശരീയായവ

    1. ഈ നയങ്ങളെ സ്ഥിരീകരണ നടപടികള്‍ ഘടനാപരമായ പരിഷ്കരണ നടപടികള്‍ എന്നിങ്ങനെ രണ്ട്‌ ഗ്രൂപ്പുകളായി തരംതിരിക്കാം.
    2. സാമ്പത്തിക സ്ഥിരത കൈവരിക്കുന്നതിനുള്ള ഹ്രസ്വകാല നടപടികളാണ്‌ സ്ഥിരീകരണ നടപടികള്‍
    3. ഉദാരീകരണത്തിന്റെ ഭാഗമായി എല്ലാത്തരം വ്യവസായങ്ങളുടെയും ലൈസന്‍സിംഗ്‌ സമ്പ്രദായം അവസാനിപ്പിച്ചു
      How did the LPG reforms impact India's fiscal policies and government spending?
      Which type of foreign investment has increased significantly in India post-liberalization?
      Which strategy, widely adopted in India's early economic planning, aimed to reduce foreign dependence and was a significant feature of industrial policy?