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Question
Liberalisation means :-
Options
Integration among the economies
Reduced government controls and restrictions
Policy of planned disinvestment
None of the above
MCQ
Solution
Reduced government controls and restrictions
Explanation -
Government controls and restrictions, such as licences and quotas, are reduced as a result of liberalisation.
shaalaa.com
Impact of Government Policy Changes on Business with Special Reference to Liberalization, Privatization and Globalization in India
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