Financial Awareness - Risk, Stability & Emerging Finance
Which of the following was NOT a feature of the New Economic Policy 1991?
Which of the following was NOT a feature of the New Economic Policy 1991?
medium Q5 of 15
Step-by-Step Solution
Step 1: Understand NEP features
The New Economic Policy 1991 focused on deregulation, reducing tariffs, and encouraging FDI.Step 2: Analyze options
De-licensing, tariff reduction, and FDI encouragement were key features; nationalization of banks was not part of NEP.Final Answer:
Nationalization of banks → Option BQuick Check:
NEP 1991 feature NOT included = Nationalization of banks ✅
Quick Trick: NEP = Deregulation, not nationalization
Common Mistakes:
- Mistaking nationalization as part of reforms
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