The 1991 reforms aimed at international competitiveness of industrial production (A), promotion of competitiveness of local industries (B), and adoption of modern technologies (D). Higher tariffs (C) and control over imports (E) were features of the pre-reform regime, not the post-1991 liberalization.
Liberation of trade and investment regime was initiated in the Indian Economy in 1991 to provide for: A. International competitiveness of industrial…
CUET UG 2022 — Economics Indian Economic Development
2022mcqmedium
Liberation of trade and investment regime was initiated in the Indian Economy in 1991 to provide for:
A. International competitiveness of industrial production.
B. Promotion of competitiveness of local industries.
C. Collection of higher tariffs.
D. Adoption of modern technologies
E. Control over imports.
Choose the correct answer from the options given below:
Official previous-year question
Verified 13 Jul 2026.
Options
- A
A, B and C
- B
B, D and E
- C
A, B and D
- D
C, D and E
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