Which of the following is/are the major outcomes of the 1991 economic reforms?
1. The first decade of the 21st century, India began to be seen as one of the fastest-growing emerging markets.
2. The 1991 reforms unleashed the energies of Indian entrepreneurs, gave untold choices to consumers and changed the face of the Indian economy.
Select the correct answer by using the codes given below.
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2