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प्रश्न
What is meant by ‘liberalisation’?
Define liberalisation.
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उत्तर १
Liberalisation refers to reduced government controls and restrictions, such as licences and quotas.
उत्तर २
Liberalisation means removing unwanted government controls and restrictions on trade and industry, allowing the private sector to enter sectors formerly reserved for the public sector and relaxing rules (tax, labour, foreign‑exchange, tariffs, and capital controls).
Notes
Students should refer to the answer according to their question and preferred marks.
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संबंधित प्रश्न
What is meant by 'Globalisation'?
Giving any four points, explain the impact of government policy changes on Business and Industry.
Explain the following terms:
a. Liberalisation
b. Privatization
c. Globalisation
Briefly discuss the impact of Government policy changes on business and industry.
What economic changes were initiated by the Government under the Industrial Policy, 1991? What impact have these changes made on business and industry?
What are the essential features of:
a. Liberalisation,
b. Privatization and
c. Globalisation?
Reduction in the role of public sector is due to ________.
In all the countries there is a free-flow of goods and services under which of the following does it come?
Which of the following deals with the process of simplification of Import-Export?
Globalization aims at ______.
Privatization of ownership through sale of equity share is called ______.
Liberalisation means :-
Which of the following does not explain the impact of government policy changes on business and industry?
What is the impact of government policy changes on the business and industry
What are the essential features of Liberalisation?
What are the essential features of Privatisation?
