Correct option is : (A) Successful
When India liberalised its economy in 1991, it set the stage for a socio-economic transformation that would propel the nation into a new era of prosperity. The walls of protectionism were dismantled, as the Indian market opened its doors to the world.
The impact of liberalisation on the Indian economy can be measured across various dimensions, and this deep-dive exploration seeks to shed light on these aspects, including the metamorphosis of the banking sector, the evolution of stock exchanges, and the growth in the GDP rate.