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SSC Stenographer 2022 PYQ — Question 138

SSC Stenographer - 17 Nov 2022 - Shift 2 • General Awareness • Q138

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Which of the following is NOT an important feature of the Industrial Policy of 1991? 

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Correct answer: C

Explanation

The correct answer is option 3 i.e. No foreign trade policy.

  • Contrary to the assertion that "No foreign trade policy" is not a crucial aspect, the Industrial Policy of 1991 did emphasize foreign trade policy as a vital component of economic liberalization.
  • The policy actively addressed the relaxation of trade barriers and advocated for a more open and market-oriented approach to international trade.
  • This departure from a restrictive trade policy was a pivotal element of the comprehensive economic reforms introduced in 1991.