Question

New Economic Policy was introduced in —

• A. 1947
  (B) 1980
  (C) 1991
  (D) 2005
• B. 1980
• C. 1991
• D. 2005

Hint:

The 1991 reforms opened the Indian economy to global competition.

Answer 1

The Correct Option is C

India introduced the New Economic Policy in 1991 to overcome economic crisis. It emphasized liberalisation, privatisation, and globalisation to promote economic growth.
Step 1: Analyze the options.
- (A) 1947: Year of independence.
- (B) 1980: Incorrect.
- (C) 1991: Correct year.
- (D) 2005: Incorrect.
Step 2: Conclusion.
Hence, option (C) is correct.
Final Answer: \[ \boxed{(C) \, 1991} \]