Financial Awareness - Risk, Stability & Emerging Finance
Which of the following sectors was among the first to be opened to private and foreign investment during LPG reforms?
Which of the following sectors was among the first to be opened to private and foreign investment during LPG reforms?
medium Q7 of 15
Step-by-Step Solution
Step 1: Recall sectors opened early
Telecommunications was among the first sectors opened to private and foreign investment during LPG reforms.Step 2: Analyze options
Defense, Railways, and Atomic energy remained largely under government control initially.Final Answer:
Telecommunications → Option CQuick Check:
First sector opened to private investment = Telecommunications ✅
Quick Trick: Telecom = Early LPG sector opened
Common Mistakes:
- Assuming Railways or Defense opened early
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