📝 Multiple Choice Question
Polity
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
Explanation
The New Industrial Policy of 1991 effectively dismantled the 'License Raj,' paving the way for sweeping economic liberalization, privatization, and globalization in India.
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