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Which of the following statements are true about the liberalization of the Indian economy? Choose the most appropriate answer from the options given below.

1.Manmohan Singh argued for a less controlled economy as early as the 1960s.
2.Indira Gandhi was against liberalizing measures and increased restrictions on large monopoly enterprises.
3.The Monopolies and Restrictive Trade Practices (MRTP) Act was abolished in the course of liberalization.
4.Agriculture, after recording a growth in 1991-92, sharply fell downwards till 1996-97.
A2 and 4 only
B1, 2 and 4 only
C1 and 3 only
D2, 3 and 4 only
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