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Question
What was the one major proposal of new industrial policy(1991)?
Options
NRI’s will not be allowed for capital investment in India.
Facility of FDI upto 51 percent in high priority industries
Import restrictions on technical know how for one year
Abolition of industrial licencing except for six industries.
MCQ
Solution
Import restrictions on technical know how for one year
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Introduction to Liberalisation, Privatisation and Globalisation : an Appraisal
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