GK
INDIAN ECONOMY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Liberalization does not include
|
|
Removing trade barriers
|
|
|
Liberal policies
|
|
|
Introducing quota system
|
|
|
Disinvestment
|
Explanation:
Detailed explanation-1: -Liberalisation refers to relaxation of government’s restrictions in the arena of economic and social policies. Privatisation refers to partial or full transfer of ownership and control of PSUs to the private sector. Disinvestment is one of the methods of privatisation.
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.
There is 1 question to complete.