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    5. ________ was an important growth strategy adopted by India prior to 1991.

    Question

    ________ was an important growth strategy adopted by

    India prior to 1991.
    A Export IT services Correct Answer Incorrect Answer
    B Import substitution Correct Answer Incorrect Answer
    C Import agrarian commodities Correct Answer Incorrect Answer
    D Export promotion Correct Answer Incorrect Answer

    Solution

    The correct answer is B

    Practice Next
      More Microeconomics Section Tests Questions
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      2. An increase ...
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      4. Which state received the highest Foreign Direct Investment (FDI) in Q1 FY25?

      5. Which of the following conditions would cause the break-even point to increase?

      6. What will be the Return on Equity of Rahul’s company?

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