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Which industrial policy was radically different, favouring disinvestment and more freedom for private firms?
AThe 1938 policy
BThe 1991 policy
CThe 1948 policy
DThe 1956 policy
Answer & Solution
Correct answer: B. The 1991 policy
1. Foreign direct investment was invited.
2. Multinationals then entered India.
3. That was the 1991 policy.
_Source: NCERT Class 11 Business Studies, Chapter 3, Private, Public and Global Enterprises._
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