Question : Fill in the blanks-
_________ means removal of entry and growth restrictions on the private sector.
Option 1: Liberalisation
Option 2: Privatisation
Option 3: Globalisation
Option 4: None of the above.
Answer (1)
23rd Jan, 2024
Correct Answer:
Liberalisation
Solution :
Liberalisation means removal of entry and growth restrictions on the private sector. For emerging nations, economic liberalisation is typically viewed as a positive and desirable development. Unrestricted money flow into and out of the nation is the fundamental objective of economic liberalisation, which will increase economic growth and efficiency.
Hence Option A is correct.
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