Which of the following statement(s) is/are correct?
A. Only I
B. I and II
C. II and III
D. All of the above
Answer:D
Which of the following statement(s) is/are correct?
A. Only I B. I and II C. II and III D. All of the above
Explanation: On July 23, 1991, India launched a process of economic reforms in response to a fiscal and balance of payment (BoP) crisis. The reforms were historic and were going to change the very face and the nature of the economy in the coming times.