The NEP was classified into two groups. Which are the two groups?
Stabilization measures and Structural reform measures
Corrective measures and recovery measures
Industrial development measures and remedial measures
None of the above
A
Industrial development measures and remedial measures
B
Stabilization measures and Structural reform measures
C
Corrective measures and recovery measures
D
None of the above
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Solution
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The NEP consisted of wide ranging economic reforms. NEP stands for New Economic Policy. This set of policies can broadly be classified into two groups: the stabilization measures and the structural reform measures.
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