What was the one major proposal of new industrial policy (1991)?

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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.