In context with India's economic reforms and foreign policy, consider the following statements:

Manmohan Singh was the first Finance Minister to introduce the concept of liberalisation in India.

Atal Bihari Vajpayee was the first Prime Minister to conduct nuclear tests in India.

The Nuclear Suppliers Group (NSG) was established to facilitate nuclear cooperation among member states.

How many of the above statements are correct?

Question

Manmohan Singh was the first Finance Minister to introduce the concept of liberalisation in India.
- Correct: Manmohan Singh, as Finance Minister in 1991, is credited with initiating economic liberalisation in India, introducing policies to reduce state control, open up the economy, and promote foreign investment.
Atal Bihari Vajpayee was the first Prime Minister to conduct nuclear tests in India.
- Incorrect: The first nuclear tests in India were conducted in 1974 under Prime Minister Indira Gandhi, known as the Smiling Buddha. Atal Bihari Vajpayee conducted the second series of nuclear tests in 1998, known as Pokhran-II.
The Nuclear Suppliers Group (NSG) was established to facilitate nuclear cooperation among member states.
- Incorrect: The NSG was established in 1975 after India's 1974 nuclear tests to control the export of nuclear materials, technology, and equipment to prevent nuclear proliferation. While it facilitates nuclear trade, its primary aim is non-proliferation, not cooperation among member states.

GKToday Admin · Accepted Answer

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Manmohan Singh was the first Finance Minister to introduce the concept of liberalisation in India.
- Correct: Manmohan Singh, as Finance Minister in 1991, is credited with initiating economic liberalisation in India, introducing policies to reduce state control, open up the economy, and promote foreign investment.
Atal Bihari Vajpayee was the first Prime Minister to conduct nuclear tests in India.
- Incorrect: The first nuclear tests in India were conducted in 1974 under Prime Minister Indira Gandhi, known as the Smiling Buddha. Atal Bihari Vajpayee conducted the second series of nuclear tests in 1998, known as Pokhran-II.
The Nuclear Suppliers Group (NSG) was established to facilitate nuclear cooperation among member states.
- Incorrect: The NSG was established in 1975 after India's 1974 nuclear tests to control the export of nuclear materials, technology, and equipment to prevent nuclear proliferation. While it facilitates nuclear trade, its primary aim is non-proliferation, not cooperation among member states.

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