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प्रश्न
What is meant by 'liberalisation'?
उत्तर
Liberalisation refers to reduced government controls and restrictions such as licences and quotas.
संबंधित प्रश्न
Metlapp Networks and Technologies Ltd. is a leader in technology innovation in the United States, creating products and solutions for connecting the world. It has a large research and evelopment team which invented the first smartwatch, named as W-7. The watch besides showing the time also monitors few health parameters like a heartbeat, blood pressure etc.
While in search of markets abroad, the company found that in India, the reform process was underway with the aim of accelerating the pace of economic growth. The company decided to take advantage of simplified export procedure and removal of quantitative as well as tariff restrictions in India.
It set up its office in Jamnagar with a view to capturing the Indian market. In a short span of time, the company emerged as a market leader. The success of the company attracted many other players to enter the market. The competition resulted in the reduction in prices, thereby benefiting the customers.
1) In the above paragraph, two major concepts related to government policy have been discussed. Identify and explain these concepts.
2) Also, explain briefly any three impacts of these concepts on Indian business and industry.
Giving any four points, explain the impact of government policy changes on Business and Industry.
Explain the following terms:
a. Liberalisation
b. Privatization
c. Globalisation
Briefly discuss the impact of Government policy changes on business and industry.
What economic changes were initiated by the Government under the Industrial Policy, 1991? What impact have these changes made on business and industry?
What are the essential features of:
a. Liberalisation,
b. Privatization and
c. Globalisation?
Giving freedom to Indian business and industries from all unnecessary government controls and restrictions is an example of ______.
Reduction in the role of public sector is due to ________.
Export promotion is concerned with _______.
Reducing the role of Public Sector and increasing the role of Private Sector fall under ______.
In all the countries there is a free-flow of goods and services under which of the following does it come?
Globalization aims at ______.
A possible obstacle to growth of privatisation is ______.
Which of the following does not explain the impact of government policy changes on business and industry?
______ refers to the removal of unnecessary controls and restrictions of the government in the form of -licenses.
What is the impact of government policy changes on the business and industry
What are the essential features of Liberalisation?
