Which of the following was one of the primary objectives of India's 1991 economic reforms?
Opening up the economy to global markets
Opening up the economy to global markets was one of the primary objectives of India's 1991 economic reforms, moving away from a closed economic model.
Promoting public sector dominance, agricultural self-sufficiency, and strengthening import barriers contradict the actual liberalisation-focused reforms.
Hence, 'Opening up the economy to global markets' is the correct answer.
Similar Questions
- Who among the following presented the First Five-Year Plan on July 9, 1951?
- The first five year plan's main emphasis was to improve the condition of agriculture in India. It began in the year _____.
- In which one of the following types of economy are the factors of production owned individually?
- As of January 2020, which of the following is NOT a Maharatna company?
- Which of the following is India's largest oil company?
- According to the Public Enterprises Survey 2018-19, how many Central Public Sector Enterprises (CPSEs) were in operation in India as on 31$^{st}$ March, 2019?
- Which one among the following is NOT listed under 'Maharatna' companies?
- What is the percentage of the paid up share capital held by the central government or by any state government or partly by the central governments and partly by one or more state governments in Public Sector Undertakings?
- Which of the following taxes/duties is NOT covered under GST?
- Which Indian airline got grounded in April 2019?
Important Questions from Business and Economy
To which Japanese automobile company, India has become the top global market both in terms of volumes as well as revenues?
Which among the following industries generates invisible exports?
In Union Budget 2019, the government eased ______ to encourage start-ups in the country.
With reference to the characteristics of a perfectly competitive market, which of the following statements is correct?
।. There are a large number of buyers and sellers in the market.
II. Firms have free entry and exit in the market.
Which of the following is an example of an indirect tax?
