Question

The term liberalisation in the Indian context refers to policies introduced after which year?

• A. 1991
• B. 1995
• C. 1981
• D. 1985

Hint:

Look at the first paragraph of the passage.

Answer 1

The Correct Option is A

Step 1: Understanding the Question:
The question asks for the year from which the Indian state began its liberalisation policies. The passage gives this date in its first paragraph.

Step 2: Find it in the passage.
The passage says the policy decisions to open up the economy to the world market were taken from 1991. It also speaks of reforms from July 1991.

Step 3: Check option 1 (1991).
This is the year the passage gives, so it is correct.

Step 4: Check option 2 (1995).
1995 is when the World Trade Organization was formed. It is not the start of India's liberalisation, so it is wrong.

Step 5: Check option 3 (1981).
The passage does not say this. In the 1980s the economy was still largely controlled, so it is wrong.

Step 6: Check option 4 (1985).
This is also before the reforms began. The break with state control came in 1991, so it is wrong.

Final Answer:
Liberalisation in India began in 1991, option 1. \[ \boxed{\text{Option 1}} \]