Which of the following Liberalisation measures were taken as a part of LPG reforms?

Transfer of business from state to private sector

Banks can set up without the approval of RBI

Unrestricted movement of labour

Industrial licensing was abolished

Reduction in corporate tax

Increase in technological exchange

Select the correct answer using the code given below:

1
1, 3 and 6
2
1, 2 and 4
3
2, 4 and 5
4
3, 4 and 5

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