With respect to India’s foreign trade, which year is referred to as the year of divide?

Correct option is B

The year 1991 is referred to as the year of divide in India's foreign trade.
· This was the year when the Indian government implemented significant economic reforms, including liberalization of the foreign trade policies, devaluation of the Indian rupee, and dismantling of the License Raj system.
· These reforms were aimed at opening up the Indian economy to foreign investment and competition, and promoting exports. The reforms had a major impact on India's foreign trade, as the country's exports and imports increased significantly in the years following 1991.
· The year 1991 is often seen as a turning point in India's economic history, as it marked the beginning of a new era of economic liberalization and globalization.