Financial Awareness - Risk, Stability & Emerging Finance
Which year is considered the official start of the New Economic Policy that introduced LPG reforms in India?
Which year is considered the official start of the New Economic Policy that introduced LPG reforms in India?
easy Q12 of 15
Step-by-Step Solution
Step 1: Identify the event
The question asks for the year when India launched the New Economic Policy marking LPG reforms.Step 2: Recall the year
The New Economic Policy was introduced in 1991 to address economic challenges and initiate reforms.Final Answer:
1991 → Option CQuick Check:
New Economic Policy launched = 1991 ✅
Quick Trick: LPG reforms started in 1991
Common Mistakes:
- Mistaking 1985 or 1995 as the reform year
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