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Question

In relation to Economic Reforms since 1991, New Industrial Policy was announced in:

This question was previously asked in
SSC CGL 2023 (Tier-II) Paper 1 Previous Year Paper (26-Oct-2023) (Shift-1)
The correct answer is

July 1991

The correct answer is option 3. The New Industrial Policy was announced in July 1991, marking a significant shift towards liberalization and economic reforms in India. This policy included measures such as reducing restrictions on private industry and encouraging foreign investment.

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