Multiple choice

New Economic Policy in India was introduced in:

  1. 1981

  2. 1971

  3. 1991

  4. 2001

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

New Economic Policy was introduced in July 1991 by Prime Minister P.V. Narasimha Rao and Finance Minister Dr. Manmohan Singh. This marked India's major shift towards liberalization, privatization, and globalization following the balance of payments crisis.