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    Question

    What year were the LPG reforms introduced in

    India?
    A 1990 Correct Answer Incorrect Answer
    B 1991 Correct Answer Incorrect Answer
    C 1992 Correct Answer Incorrect Answer
    D 1993 Correct Answer Incorrect Answer

    Solution

    The LPG reforms, also known as the Liberalisation, Privatisation, and Globalisation model, were announced on July 24, 1991, as part of India's New Economic Policy. The reforms aimed to liberalize the economy, promote private and foreign investment, and increase global trade.

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