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What was the impact of liberalisation of the Indian economy?
  • a)
    Protection of Indian indigenous businesses from competition
  • b)
    Removal of rules that regulated Indian trade and finance regulations
  • c)
    Reduction in the number of laws protecting the Indian market
  • d)
    Increased competition for Indian businesses in the global market
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What was the impact of liberalisation of the Indian economy?a)Protecti...
The Indian state put in place laws to protect the Indian market and Indian indigenous businesses from competition of the wider world. However, liberalisation of the economy meant the steady removal of these rules, resulting in greater integration into the global market, which was considered beneficial for the Indian economy.
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What was the impact of liberalisation of the Indian economy?a)Protection of Indian indigenous businesses from competitionb)Removal of rules that regulated Indian trade and finance regulationsc)Reduction in the number of laws protecting the Indian marketd)Increased competition for Indian businesses in the global marketCorrect answer is option 'B'. Can you explain this answer?
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What was the impact of liberalisation of the Indian economy?a)Protection of Indian indigenous businesses from competitionb)Removal of rules that regulated Indian trade and finance regulationsc)Reduction in the number of laws protecting the Indian marketd)Increased competition for Indian businesses in the global marketCorrect answer is option 'B'. Can you explain this answer? for Humanities/Arts 2025 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about What was the impact of liberalisation of the Indian economy?a)Protection of Indian indigenous businesses from competitionb)Removal of rules that regulated Indian trade and finance regulationsc)Reduction in the number of laws protecting the Indian marketd)Increased competition for Indian businesses in the global marketCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was the impact of liberalisation of the Indian economy?a)Protection of Indian indigenous businesses from competitionb)Removal of rules that regulated Indian trade and finance regulationsc)Reduction in the number of laws protecting the Indian marketd)Increased competition for Indian businesses in the global marketCorrect answer is option 'B'. Can you explain this answer?.
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