JKSSB Mock Tests

Which industrial policy marked the beginning of liberalisation in the Indian industry, reducing the restrictions on private companies?

A. Industrial Policy 1991
B. Industrial Policy 1980
C. Industrial Policy 1977
D. Industrial Policy 1956 107
Answer: Option A
Solution (By JKSSB Mock Tests Team)
The New Industrial Policy of 1991 effectively dismantled the 'License Raj,' paving the way for sweeping economic liberalization, privatization, and globalization in India.
This Question Belongs to: General knowledge mcqs Polity set 1

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