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: -The following are the two main objectives of Liberalisation: To boost international foreign investment, industrial production, and technology competitiveness. To increase the position of Indian goods in the international markets.

Detailed explanation-3: -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-4: -Broadly, deregulation means reduction or elimination of government control in a sector or various sectors of the economy.

Detailed explanation-5: -Liberalisation : It means removing unnecessary trade restrictions and making the economy more competitive. New economic policy liberated the private sector from strict control and licensing. Restriction : If restrictions are imposed on economic activities by government policies, it is called the policy of restriction.