Advertisements
Advertisements
Question
Answer in brief.
State any four reasons of the need for privatisation.
Advertisements
Solution
There is need for privatisation because of the following reasons:
- To bring more efficiency in the working of business firms.
- To reduce political interference in the working of the firms and companies.
- To improve the quality of the products.
- To bring efficiency in the management of the organization.
- To create discipline in the capital market.
APPEARS IN
RELATED QUESTIONS
State whether the following statement is True or False.
There is no benefit of privatization to Indian economy.
State whether the following statement is True or False.
New economic policy promoted the liberal economic policy.
Compete the sentence.
Limited involvement of government in public sector refer to _________.
Which economic system is known as the free market economy?
Answer in one sentence:
Which factor influence the economic condition of the Nation?
Answer in one sentence:
When did Indian government launch New Economic Policy?
Explain the following term/concept.
Liberalization.
Explain the following term/concept.
Privatization.
Distinguish between the following.
Liberalization and Privatisation.
Distinguish between the following.
Privatization and Globalization.
Answer in brief.
State any four features of globalization.
Justify the following statement:
The economic environment has a direct influence on business.
Answer the following.
Explain the new economic policy in details.
What problem did businessmen in Pune face before NEP 1991 when starting a factory?
Which three reforms did the New Economic Policy of 1991 focus on to address India's economic crisis?
What effect did high inflation have on the Indian economy before NEP 1991?
What change simplified market entry for new companies after the NEP 1991?
