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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
Removing barriers or restrictions on business and trade set by the government is called as ______.
Which of the following is a ‘barrier’ to foreign trade?
In which year did the government decide to remove barriers to foreign trade and investment in India?
Investment means spending on:
Telecommunication facilities have been facilitated by:
Information and communication technology has played a major role in spreading out:
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.
Why did the Indian government liberalize trade regulations in 1991?
