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.
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.
Question : Fill in the blanks- _________ means the transfer of ownership, management, and control of public sector enterprises to private enterprises.
Question : Fill in the blanks- ________ means Integrating the national economy with the world economy.
Question : Reducing the role of public sector and increasing the role of private sector fall under-
Question : Fill in the blanks- _________ Involves the regulating and reduction of government control and greater autonomy to make economy more competitive.
Question : Export promotion is concerned with:-
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