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What happened to employment opportunities after the 1991 reforms?
Question

What happened to employment opportunities after the 1991 reforms?

A.

Decreased in all sectors

B.

Stayed the same

C.

Increased, especially in private and service sectors

D.

Only grew in agriculture

Correct option is C


The correct answer is (C) Increased, especially in private and service sectors
Explanation:
• The 1991 economic reforms introduced liberalisation, privatisation, and globalisation.
• These reforms reduced government control and encouraged private sector participation.
• The service sector (IT, banking, telecom, trade) expanded rapidly after 1991.
• Private enterprises created new jobs due to increased investment and competition.
• Therefore, employment opportunities increased mainly in private and service sectors.
Information Booster:
• 1991 reforms are also known as LPG reforms.
• They marked India’s shift from a closed to an open economy.
Additional Knowledge (Incorrect Options):
(A) Decreased in all sectors
• Employment did not decline overall after reforms.
(B) Stayed the same
• Significant sectoral shifts disproved this.
(D) Only grew in agriculture
• Agricultural employment growth was limited compared to services and industry.

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