With New Economic Policy 1991, the government removed licensing from many sectors. Which of the following sectors still required licensing which were opened to the private sectors?

1. Drugs and Pharmaceuticals

2. Textiles

3. Agriculture

4. Defense Equipment

5. Hazardous Chemicals

Select the correct answer using the codes given below:

1
1, 4 and 5 only
2
2 and 3 only
3
3 and 4 only
4
2, 4 and 5 only

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