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Chapters
2: Functions of Management
3: Management by Objectives (MBO) and Management by Exception (MBE)
4: Introduction to Financial Markets
5: Capital Market
6: Money Market
7: Stock Exchange
8: Securities Exchange Board of India (SEBI)
9: Fundamentals of HRM
10: Recruitment Methods
11: Employee Selection Process
12: Employee Training Method
13: Concept of Market and Marketer
14: Marketing and Marketing Mix
15: Recent Trends in Marketing
16: Consumerism
17: Rights, Duties and Responsibilities of Consumers
18: Grievance Redressal Mechanism
19: Environmental Factors
▶ 20: Liberalization, Privatization and Globalization
21: The Sale of Goods Act, 1930
22: The Negotiable Instruments Act, 1881
23: Elements of Entrepreneurship
24: Types of Entrepreneurs
25: Government Schemes for Entrepreneurial Development
26: Companies Act, 2013
27: Company Management
28: Company Secretary
![Samacheer Kalvi solutions for Commerce [English] Class 12 TN Board chapter 20 - Liberalization, Privatization and Globalization - Shaalaa.com](/images/commerce-english-class-12-tn-board_6:5f2b1b2038084cf381bfa42c826a928c.jpg "Samacheer Kalvi solutions for Commerce [English] Class 12 TN Board chapter 20 - Liberalization, Privatization and Globalization")
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Solutions for Chapter 20: Liberalization, Privatization and Globalization
Below listed, you can find solutions for Chapter 20 of Tamil Nadu Board of Secondary Education Samacheer Kalvi for Commerce [English] Class 12 TN Board.
Samacheer Kalvi solutions for Commerce [English] Class 12 TN Board 20 Liberalization, Privatization and Globalization Exercise [Page 172]
Choose the Correct Answers
__________ is the result of the New Industrial Policy which abolished the ‘License System.
Globalization
Privatization
Liberalization
None of these
___________ means permitting the private sector to set up industries which were previously reserved for the public sector.
Liberalisation
Privatization
Globalization
Public Enterprise
____________ ownership makes bold management decisions due to their strong foundation in the international level.
Private
Public
Corporate
MNC’s
__________ results from the removal of barriers between national economies to encourage the flow of goods, services, capital, and labour.
Privatization
Liberalization
Globalization
Foreign Trade
New Economic Policy was introduced in the year _______.
1980
1991
2013
2015
Very Short Answer Questions
State the branches of New Economic Policy.
What is Privatisation?
Mention any two disadvantages of Liberalisation.
Name the industries which are reserved for the public sector.
Give any two advantages of Globalisation.
Short Answer Questions
What do you mean by Liberalisation?
What is meant by Public Sector Units (PSUs)?
State any three impacts on Globalisation.
Write a short note on New Economic Policy.
Long Answer Questions
Explain the advantages and disadvantages of liberalization.
Explain the impact of LPG on the Indian Economy.
Solutions for 20: Liberalization, Privatization and Globalization
Samacheer Kalvi solutions for Commerce [English] Class 12 TN Board chapter 20 - Liberalization, Privatization and Globalization
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Concepts covered in Commerce [English] Class 12 TN Board chapter 20 Liberalization, Privatization and Globalization are Dimensions of New Economic Policy, Meaning and Forms of Liberalization, Advantages and Disadvantages of Liberalization, Impact of Liberalization, Meaning and Forms of Privatization, Advantages and Disadvantages of Privatization, Impact of Privatization, Meaning and Forms of Globalization, Advantages and Disadvantages of Globalization, Impact of Globalization, Highlights of the LPG Policy.
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