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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

___________ means permitting the private sector to setup industries which were previously reserved for public sector. - Commerce

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Question

___________ means permitting the private sector to set up industries which were previously reserved for the public sector.

Options

  • Liberalisation

  • Privatization

  • Globalization

  • Public Enterprise

MCQ
Fill in the Blanks

Solution

Privatization means permitting the private sector to set up industries that were previously reserved for the public sector.

shaalaa.com
Meaning and Forms of Privatization
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Chapter 20: Liberalization, Privatization and Globalization - Exercise [Page 172]

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Samacheer Kalvi Commerce [English] Class 12 TN Board
Chapter 20 Liberalization, Privatization and Globalization
Exercise | Q I. 2. | Page 172
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