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प्रश्न
"Barriers on foreign trade and foreign investment were removed to a large extent in 1991?" Analyse the statement in the context of India.
उत्तर
- Barriers on foreign trade and foreign investment were removed to a large extent.
- Goods could be imported and exported easily.
- Foreign companies could set up factories and offices here.
- The government decided that the time had come for Indian producers to compete with producers around the globe.
- With liberalisation of trade, businesses are allowed to make decisions freely about what they wish to import or export.
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संबंधित प्रश्न
Removing barriers or restrictions on business and trade set by the government is called as ______.
Which of the following is a ‘barrier’ to foreign trade?
Investment means spending on:
Telecommunication facilities have been facilitated by:
Information and communication technology has played a major role in spreading out:
Tax on imports is an example of:
The Indian government, after independence, had put barriers to:
Which has played a big role in spreading globalisation?
"Liberalisation of foreign trade and foreign investment policy have shown far reaching changes in India." Support the statement with suitable arguments.
Why did the Indian government liberalize trade regulations in 1991?
