The system of “Memorandum of Understanding” (MoU) was introduced in

Prabhas Kapoor • 1.64K Points
Master Economic

Q. The system of “Memorandum of Understanding” (MoU) was introduced in

(A) 1989 – 90
(B) 1990 – 91
(C) 1987 – 88
(D) 1988 – 89

Correct Answer - Option(C)

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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