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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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