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Which major structural reform was introduced under the New Industrial Policy of 1991 to enhance competitiveness in India's industrial sector?
Fourteen major private banks were nationalized
Introduction of cooperative farming for industrial enterprises
Abolition of industrial licensing for most industries
Introduction of minimum support price
Abolition of industrial licensing for most industries
Practice and solve "Which major structural reform was introduced under the New Industrial Policy of 1991 to enhance comp..." for Part 1 General Knowledge Awareness - CIL MT Civil 2026. The correct answer is Option C: Abolition of industrial licensing for most industries. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "Which major structural reform was introduced under the New Industrial Policy of 1991 to enhance comp..." for Part 1 General Knowledge Awareness - CIL MT Civil 2026. The correct answer is Option C: Abolition of industrial licensing for most industries. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
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