πŸ“Š Economic
Q. The system of “Memorandum of Understanding” (MoU) was introduced in
  • (A) 1989 – 90
  • (B) 1990 – 91
  • (C) 1987 – 88
  • (D) 1988 – 89
βœ… Correct Answer: (C) 1987 – 88

Explanation: The System of Memorandum of Understanding was introduced in the Public Sector Enterprises during the year 1987-88 in India. It was based on the report of the Arjuna Sengupta Committee (1984).

Explanation by: Prabhas Kapoor
The System of Memorandum of Understanding was introduced in the Public Sector Enterprises during the year 1987-88 in India. It was based on the report of the Arjuna Sengupta Committee (1984).

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