Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

What is Liberalization?

Options:

Policy of planned disinvestment

Integration among economies

End of license & reduction of government control

None of these

Correct Answer:

End of license & reduction of government control

Explanation:

Liberalization refers to the removal or loosening of restrictions on something, typically an economic or political system.