When did India undertake a significant Liberalization of its economy?
A) In the early 1990's
B) In the early 1980's
C) In the early 2000's
D) In the late 1990's
E) India has not undertaken any significant liberalization

Question

Quizplus · Accepted Answer

India undertook a significant Liberalization of its economy in the early 1990's, specifically in July 1991, when the government introduced a package of economic reforms known as the New Economic Policy (NEP) or the LPG (Liberalization, Privatization, and Globalization) reforms.

When Did India Undertake a Significant Liberalization of Its Economy