Before reforms, India protected industry through tight import controls and:
ATotal free trade
BBans on all exports
CVery high tariffs
DZero import tariffs
Answer & Solution
Correct answer: C. Very high tariffs
1. Quantitative restrictions limited imports.
2. Duties made imports costly.
3. Tariffs were kept very high.
_Source: NCERT Class 11 Economics, Indian Economic Development, Chapter 3, Liberalisation, Privatisation and Globalisation._
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