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प्रश्न
Answer in brief.
State any four features of globalization.
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उत्तर
Features of globalization are as follows:
- Purchase and sale of goods and services from one country to another.
- Opportunity to start and do business in any part of the world.
- Reduction in the gap between the domestic and international markets.
- Possibility of quick and rapid economic development. Enhances the opportunity to exchange new ideas and technology across the nations.
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संबंधित प्रश्न
State whether the following statement is True or False.
There is no benefit of privatization to Indian economy.
Compete the sentence.
Indian political system comprises ___________ vital institutions.
Compete the sentence.
Limited involvement of government in public sector refer to _________.
Select the correct Option
Who frames the economic policy of the business?
Correct the underlined word and rewrite the following sentence.
Privatization helps for global village.
Answer in one sentence:
When did Indian government launch New Economic Policy?
Answer in one sentence:
How is the boundary less world possible?
Explain the following term/concept.
Liberalization.
Explain the following term/concept.
Privatization.
Distinguish between the following.
Liberalization and Privatisation.
Distinguish between the following.
Privatization and Globalization.
Answer in brief.
State any four reasons of the need for privatisation.
Justify the following statement:
The economic environment has a direct influence on business.
Answer the following.
Explain the new economic policy in details.
Which system of approvals and restrictions governed the Indian industry before 1991 and led to slow industrial growth?
What effect did high inflation have on the Indian economy before NEP 1991?
What change simplified market entry for new companies after the NEP 1991?
