BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Liberalisation means removing all unnecessary controls and restrictions like permits, licences, quotas, etc. imposed by the government.

Detailed explanation-2: -liberalization, the loosening of government controls. Although sometimes associated with the relaxation of laws relating to social matters such as abortion and divorce, liberalization is most often used as an economic term. In particular, it refers to reductions in restrictions on international trade and capital.

Detailed explanation-3: -The objectives of liberalisation are: To increase foreign investment, competitiveness in industrial production, and technological advancements. To bring about modernisation and change the financial status of the economy. To make Indian produced goods more competitive in the international market.

Detailed explanation-4: -Liberalization refers to end of licence, quota and many more restrictions and control that were put on many industries.

Detailed explanation-5: -Answer (c) End of license & reduction of government control. Explanation: Liberalisation is concerned with the reduction of limitations, trade restrictions, and government laws in an economy, in return for more prominent interest by private businesses.