Question

What policy shift in India has contributed to the phenomenal growth of international exchange of goods, services, capital, and technology?

a.

Import substitution policy

b.

Protectionism policy

c.

Open policy adopted in 1991

d.

Inward-looking policy

Answer: (c).Open policy adopted in 1991 Explanation:The adoption of an open policy in 1991 in India has contributed to the phenomenal growth of international exchange of goods, services, capital, and technology.

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Q. What policy shift in India has contributed to the phenomenal growth of international exchange of goods, services, capital, and technology?

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