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

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Question:

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

A.

NRIS will not be allowed capital investment in India

B.

Facility of FDI upto 5% in high priority industry

C.

Import restrictions on technical knowhow for one year

D.

Abolition of industrial licensing except six industries

Answer» d. Abolition of industrial licensing except six industries

Note: The above multiple-choice question is for all general and Competitive Exams in India.