Advertisements
Advertisements
Question
Explain the following term/concept.
Privatization.
Solution
(I) Privatization refers to reduce the involvement of state or public sectors by involving of private 'sector in economic activities.
(II) It implies government sectors to be sold or given to private individuals to run them.
APPEARS IN
RELATED QUESTIONS
Select the correct option and rewrite the sentence.
_______ means linking national economy to the world economy.
Select the correct option and rewrite the sentence.
Environment awareness provides _________ signal.
State whether the following statement is True or False.
There is no benefit of privatization to Indian economy.
State whether the following statement is True or False.
New economic policy promoted the liberal economic policy.
Compete the sentence.
Indian political system comprises ___________ vital institutions.
Select the correct Option
Who frames the economic policy of the business?
Correct the underlined word and rewrite the following sentence.
Privatization helps for global village.
Answer in one sentence:
What are the powers of legislature?
Answer in one sentence:
Which factor influence the economic condition of the Nation?
Answer in one sentence:
When did Indian government launch New Economic Policy?
Explain the following term/concept.
Liberalization.
Distinguish between the following.
Liberalization and Privatisation.
Distinguish between the following.
Globalization and Liberalization.
State any four features of the Social environment.
Answer in brief.
State any four features of globalization.
Justify the following statement:
The economic environment has a direct influence on business.
Answer the following.
Explain the new economic policy in details.
