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Which one of the following is correct regarding stabilization and structural adjustment as two components of the new economic policy adopted in India?
The correct answer is option (b): Both A and R are true but R is not a correct explanation of A. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
This question was asked in UPSC CSE Prelims 1996, GS Paper 1, as Question 70. It falls under Indian Economy > National Income & Economic Growth.
This question is rated "moderate". It requires sound conceptual understanding of the topic.
UPSC has asked 37 questions from National Income & Economic Growth (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.