Question:medium
Economic reforms were introduced in the year _______ in India and in the year _____ in Pakistan. (Fill up the blanks with the correct alternative.)
Economic reforms were introduced in the year _______ in India and in the year _____ in Pakistan. (Fill up the blanks with the correct alternative.)
Show Hint
Economic reforms aim to restructure an economy for higher efficiency, productivity, and competitiveness.
Updated On: Jan 13, 2026
- 1978, 1991
- 1988, 1978
- 1978, 1991
- 1991, 1988
Show Solution
The Correct Option is D
Solution and Explanation
In India, economic reforms were initiated in 1991 via the New Economic Policy, emphasizing liberalization, privatization, and globalization. Pakistan commenced comparable reforms in 1988, aiming to tackle economic difficulties and foster structural adjustments.
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