What was the one major proposal of new industrial policy (1991)? / Advertising in Contemporary Society solved MCQs / By admin Question: What was the one major proposal of new industrial policy (1991)? A. NRI will not be allowed for capital investment in India B. FDI up to 51% to high priority sector C. Import restrictions on technological know-how for 1 year D. Abolition of Industrial licensing except for six industries Answer» d. Abolition of Industrial licensing except for six industries Note: The above multiple-choice question is for all general and Competitive Exams in India.