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प्रश्न
"Barriers on foreign trade and foreign investment were removed to a large extent in 1991?" Analyse the statement in the context of India.
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उत्तर
- Barriers on foreign trade and foreign investment were removed to a large extent.
- Goods could be imported and exported easily.
- Foreign companies could set up factories and offices here.
- The government decided that the time had come for Indian producers to compete with producers around the globe.
- With liberalisation of trade, businesses are allowed to make decisions freely about what they wish to import or export.
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संबंधित प्रश्न
In which year did the government decide to remove barriers to foreign trade and investment in India?
Which sector has not benefited from the policy of globalisation?
Telecommunication facilities have been facilitated by:
Tax on imports is an example of:
The Indian government, after independence, had put barriers to:
Which has played a big role in spreading globalisation?
Examine the role of Information Technology in stimulating the process of globalization.
"Technology is the vital force in the modern form of globalisation." Explain the statement with suitable examples.
Why did the Indian government liberalize trade regulations in 1991?
How is information technology connected with globalisation? Explain.
