SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Increase in GDP
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Increase in Production
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Technological Advancement
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Increase in foreign Investment
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All of these
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Detailed explanation-1: -This increment lowers the risk of recession in these industries. Basic infrastructure is the most important factor in a company for it to work. As the investment increases, this basic facility also develops, and several industries start to grow.
Detailed explanation-2: -Objectives of Liberalization Promote foreign trade in the nation to boost exports. To resolve the balance of payments crisis facing India. To increase the private sector’s involvement in the growth of India’s economy. to boost foreign direct investment in the Indian industry.
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.