हिंदी

Removing barriers or restrictions set by the government is known as ______. - Economic Applications

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प्रश्न

Removing barriers or restrictions set by the government is known as ______.

विकल्प

  • globalisation

  • privatisation

  • liberalisation

  • fair trade practice

MCQ
रिक्त स्थान भरें
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उत्तर

Removing barriers or restrictions set by the government is known as liberalisation.

Explanation:

Liberalisation means the removal of government controls and restrictions on trade and industry, such as import quotas, tariffs, and licensing, to allow freer markets. It involves lifting trade barriers and relaxing foreign‑exchange and labour rules so private and foreign firms can operate more easily, promoting competition and global integration.

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अध्याय 13: Globalisation - QUESTIONS [पृष्ठ १८०]

APPEARS IN

जे. पी. गोयल और कौशल गोयल Economic Applications [English] Class 9 ICSE
अध्याय 13 Globalisation
QUESTIONS | Q 5. | पृष्ठ १८०
जे. पी. गोयल और कौशल गोयल Economics [English] Class 9 ICSE
अध्याय 12 LPG Model (or New Economic Policy)
QUESTION | Q 5. | पृष्ठ १९४
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