Export Promotion Thought
View Complete Answer & Explanation
Question (English)
No serious thought was given to promote exports until:
- Mid-1960s
- Mid-1970s
- Mid-1980s ✓ Correct
- Mid-1990s
Explanation:
Correct Answer Explanation
No serious thought was given to promote exports until the mid-1980s.
Key Points:
- Trade strategy was inward looking (import substitution).
- This failed to develop a strong export sector.
- Indian policies were criticised as 'inward oriented'.
📚 About this Topic — CH-2: INDIAN ECONOMY 1950–1990
This multiple choice question is from CH-2: INDIAN ECONOMY 1950–1990, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-2: INDIAN ECONOMY 1950–1990 to strengthen your preparation.
