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Question
Reduction in the role of public sector is due to ________.
Options
Globalisation
Privatisation
Liberalisation
Political Environment
MCQ
Fill in the Blanks
Solution
Reduction in the role of public sector is due to privatisation.
Explanation:
Privatization is an economic reform that aims to give the private sector a larger role in the economy while restricting the role of the public sector.
shaalaa.com
Impact of Government Policy Changes on Business with Special Reference to Liberalization, Privatization and Globalization in India
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