GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Removing barriers or restrictions set by the government is called:
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(a) Liberalisation
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(b) Investment
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c) Fovourable trade
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(d) Free trade
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Explanation:
Detailed explanation-1: -Removing barriers or restrictions set by the government is known as liberalization. With the liberalization of trade, businesses are allowed to make decisions freely about what they wish to import or export.
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