Exams › SSC CGL (Prelims) › General

Economic reforms in India were introduced in which year?

1. 1991
2. 1984
3. 2001
4. 1977

Correct answer: 1991

Solution

India introduced major economic reforms in 1991 in response to a severe balance-of-payments crisis. These reforms marked the beginning of liberalization, privatization, and globalization.

Related SSC CGL (Prelims) General questions

• Which program enables postmen to deliver financial services?
• Assertion (A): GST is a destination-based tax. Reason (R): GST is levied only on manufacturing.
• The dependency ratio refers to:
• Which statement highlights a key feature of India's IT industry?
• The National Food Security Act primarily aims to:
• Which of the following statements about India’s cement industry is correct?

⚔️ Practice SSC CGL (Prelims) General free + battle 1v1 →