Q. Who was the Prime Minister of India, when the 1991 reforms in India was implemented?
Answer: PV Narasimha Rao
Notes: The set of reforms introduced and implemented in India in the July 1991 for a major macroeconomic stabilization and structural adjustment in Indian economy is called as the 1991 reforms. It was undertaken when PV Narasimha Rao was the Prime Minister of the country, following a major Balance of Payment Crisis in India. July 2021 marks 30 years of implementation of the reforms, more commonly referred as the LPG reforms.
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