What was the main aim of the 1991 economic reforms in India regarding industries?
To promote privatization and competition
The main aim of the 1991 economic reforms in India regarding industries was to promote privatization and competition, moving away from excessive state control.
Increasing government control, reducing agricultural output, and decreasing foreign investment contradict the actual liberalisation-focused industrial reforms.
Hence, 'To promote privatization and competition' is the correct answer.
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In Union Budget 2019, the government eased ______ to encourage start-ups in the country.
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।. There are a large number of buyers and sellers in the market.
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Which of the following is an example of an indirect tax?
