Question

How did the Indian government respond to the economic slowdown of the 1980s

Answer 1

Answer: B. It Relax government control over Industry.

Explanation:

Around 1980, the slowdown in the growth of India´s economy created a crisis in the balance of payments, and by the end of 1990, India was undergoing a severe economic crisis.

As part of a bailout agreement with the International Monetary Fund (IMF), India was forced to apply economic reforms to slowly open up its industry through economic liberalization.

Answer 2

I believe it is a. i learned this back along.