What significant economic reforms are often associated with Manmohan Singh's tenure as Finance Minister?
Quiz Options
- Green Revolution
- Nationalization of Banks
- Liberalization, Privatization, and Globalization (LPG)
- Demonetization
Explanation
As Finance Minister in 1991, Manmohan Singh was instrumental in launching the LPG reforms, which transformed India's economy from a state-controlled system to a more market-oriented one.