Question

Economic reforms were introduced in the year _______ in India and in the year _____ in Pakistan. (Fill up the blanks with the correct alternative.)
 

• A. 1978, 1991
• B. 1988, 1978
• C. 1978, 1991
• D. 1991, 1988

Hint:

Economic reforms aim to restructure an economy for higher efficiency, productivity, and competitiveness.

Answer 1

The Correct Option is D

Economic reforms in India were introduced in 1991 under the New Economic Policy, focusing on liberalization, privatization, and globalization. In Pakistan, similar reforms began in 1988 to address economic challenges and promote structural adjustments.