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Liberalisation means
  • a)
    Reduced government controls and restrictions
  • b)
    Policy of planned disinvestments
  • c)
    Integration among economies
  • d)
    None of them
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Liberalisation meansa)Reduced government controls and restrictionsb)Po...
Liberalization means relaxation of various government restrictions in the areas of social and economic policies. Liberalizing trade policy by the government that is removal of tariff, subsidies and other restrictions on the flow of goods and services between countries is also termed as liberalization. 
Liberalization is the result of New Industrial Policy which abolished the "License system". All industries except six major industries were liberalized. As a result industries grew rapidly and therefore liberalization also means deregulation and delicensing of industries. 
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Liberalisation meansa)Reduced government controls and restrictionsb)Policy of planned disinvestmentsc)Integration among economiesd)None of themCorrect answer is option 'A'. Can you explain this answer?
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Liberalisation meansa)Reduced government controls and restrictionsb)Policy of planned disinvestmentsc)Integration among economiesd)None of themCorrect answer is option 'A'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Liberalisation meansa)Reduced government controls and restrictionsb)Policy of planned disinvestmentsc)Integration among economiesd)None of themCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Liberalisation meansa)Reduced government controls and restrictionsb)Policy of planned disinvestmentsc)Integration among economiesd)None of themCorrect answer is option 'A'. Can you explain this answer?.
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