Multiple choice

Who is called the pioneer of liberalization of the Indian economy?

  1. Dr Man Mohan Singh

  2. Pranab Mukherji

  3. P. Chidambaram

  4. None of these

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A Correct answer
Explanation

Dr. Manmohan Singh, as Finance Minister in 1991, pioneered India's economic liberalization reforms that ended the License Raj and opened the economy to global markets. These transformative reforms dismantled socialist-era regulations and ushered in India's economic growth era. Other leaders listed were important but not the architects of liberalization.