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Why did GNI per capita begin to increase notably in India after 1990?

A.
The Soviet Union withdrew its control after the collapse of the Eastern Bloc.

B.
The death of Mahatma Gandhi caused the nation to make advancements.

C.
The nation had finally fine-tuned its bureaucracy surrounding self-sufficiency.

D.
India decided to abandon agriculture as an economic activity.

E.
The nation began to embrace development through trade.


Sagot :

The reason why the GNI per capita begin to increase notably in India after 1990 is that The nation began to embrace development through trade.

What were the major impact of economic reforms of 1991?

There are lots of Reforms that has led to rise in competition in the sectors such as banking in India  and this is said to increased efficiency.

Trade is known to be a part of economic development as it leads to  economic growth, forming more jobs, reducing prices and others.

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