Advertisements
Advertisements
प्रश्न
What is meant by ‘liberalisation’?
Define liberalisation.
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
What is meant by 'Globalisation'?
Giving any four points, explain the impact of government policy changes on Business and Industry.
Krishna Furnishers Mart started its operations in the year 1954 and emerged as the market leader in the industry because of their original designs and efficiency in operations. They had a steady demand for their products but over the years, they found their market share declining because of new entrants in the field. The firm decided to review their operations and decided that in order to meet the competition, they need to study and analyze the market trends and then design and develop their products accordingly. List any two impacts of changes in business environment on Krishna Furnishers Mart’s operations. (Hint: increase in competition and Market orientation).
Explain the following terms:
a. Liberalisation
b. Privatization
c. Globalisation
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?
Giving freedom to Indian business and industries from all unnecessary government controls and restrictions is an example of ______.
Reduction in the role of public sector is due to ________.
Export promotion is concerned with _______.
Reducing the role of Public Sector and increasing the role of Private Sector fall under ______.
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?
A possible obstacle to growth of privatisation is ______.
Privatization of ownership through sale of equity share is called ______.
Liberalisation means :-
What is the impact of government policy changes on the business and industry
What are the essential features of Privatisation?
