Create a custom practice set
Pick category, difficulty, number of questions, and time limit. Start instantly with your own quiz.
Generate QuizGK Question
The 'New Economic Policy' of 1991 included liberalization, privatization, and globalization.
- True
- False
Answer: True
The 1991 economic reforms, known as LPG (Liberalization, Privatization, Globalization), dismantled the License Raj, opened India to foreign investment, and integrated the economy with global markets. [[1]]