Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) General Knowledge Economy Initiatives by Government
Regarding the New Economic Policy,1991, consider the following statements:
1. It was announced by the Indian Government based on the conditionalities of the World Bank and IMF.
2. It was aimed at removing the barriers to entry and growth of private firms in Indian industries.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2