Liberalisation, Globalisation and Privatisation was a part of the new economic reforms that were introduced by the Indian Government in 1991. These reforms were mainly aimed at opening up the economy and bringing economic reforms to the country. It helped to remove some of the restrictions that had become a hindrance to the economic development of the country. It also helped the private sector
expand in the country and contribute to economic growth. We have collated a list of multiple-choice questions on Liberalisation, Globalisation and Privatisation to help students get a firm grip on the important concepts related to this topic. Answer: d
Answer: d
Answer: d
Answer: b
Answer: c
Answer: a
Answer: c
Answer: d
Answer: a
Answer: b
Answer: c
Answer: a
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Answer: c
Answer: c Also See:
Which of the following statement is true regarding globalization?The correct answer is c) It impacts the commercial, economic, social, and political environment. Globalization has a wide range of impacts on the global economy. It changes the commercial and economic environment by opening up international markets and increasing competition.
What are the 3 aspects of globalization?Academic literature commonly divides globalization into three major areas: economic globalization, cultural globalization, and political globalization.
Which of the following statements is not true about globalization?The correct answer is option (c) Globalisation is the introduction of restrictions or barriers by the government. Explanation: The statement which is incorrect about Globalization is- (c) Globalisation is the introduction of restrictions or barriers by the government.
Which of the following defines globalization quizlet?globalization doesn't have a specific definition, but basically it is: The worldwide movement towards economic, financial, trade and community integration, as well as social cultural and political. Economic globalisation refers to the integration of markets in the global economy.
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