GPSC Class 1-2 · General Studies (Paper II)
Sustainable development, poverty, inclusion, demographics.
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Q1 · Economic and social development · MEDIUM
Consider the following statements regarding India's economic reforms of 1991: 1. It introduced the concept of disinvestment in public sector undertakings. 2. Industrial licensing was completely abolished for all sectors. 3. Foreign Direct Investment (FDI) was permitted in select sectors. Which of the above statements is/are correct?