GK
INDIAN ECONOMY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Increase in GDP
|
|
|
Increase in Production
|
|
|
Technological Advancement
|
|
|
Increase in foreign Investment
|
|
|
All of these
|
Detailed explanation-1: -The positive impact of liberalisation and privatisation results in the development of business in the nation. This results in increase in foreign investment, better functional operation of companies, and higher gross development of products.
Detailed explanation-2: -Economic liberalization is generally thought of as a beneficial and desirable process for developing countries. The underlying goal of economic liberalization is to have unrestricted capital flowing into and out of the country, boosting economic growth and efficiency.
Detailed explanation-3: -Impact of Liberalisation on Education. 1) Trade liberalisation will profoundly impact the nature and provision of quality education. 2) It allows public and private institutions to provide education across international borders to meet the education needs of other countries.