NDA 2016 General Knowledge question
Which of the following was/were the feature(s) of Lenin's New Economic Policy (NEP) for the Soviet Union ? 1. Private retail trading was strictly forbidden 2. Private enterprise was strictly forbidden 3. Peasants were not allowed to sell their surplus 4. To secure liquid capital, concessions were allowed to foreign capitalists, but the State retained the option of purchasing the products of such concerns Select the correct answer using the code given below :
Answer: (D)
Solution
The NEP (1921) was a partial retreat from war communism: peasants could sell their surplus, private retail trade and small private enterprise were
See the full step-by-step solution
Create a free account to read the complete working, and practise questions like this in a timed test.
Create a free account