Match the following: 1. Barriers

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Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Liberalisation, Privatisation and Globalisation - An Appraisal

Question:

Match the following:

1.	Barriers to trade	A.Influenced by the market force
2.	Disinvestment	B.Tariff and quotas
3.	Depreciation of currency	C.Influenced by the government
4.	Devaluation of currency	D.Reduction in ownership of government

Options:

1-C, 2-A, 3-D, 4-B

1-A, 2-D, 3-B, 4-C

1-C, 2-B, 3-A, 4-D

1-B, 2-D, 3-A, 4-C

Correct Answer:

1-B, 2-D, 3-A, 4-C

Explanation:

The correct answer is Option 4: 1-B, 2-D, 3-A, 4-C

1.	Barriers to trade	B.Tariff and quotas
2.	Disinvestment	D.Reduction in ownership of government
3.	Depreciation of Currency	A.Influenced by the market force
4.	Devaluation of currency	C.Influenced by the government

Barriers to trade/ Trade barriers can be categorized as: Tariffs and quotas

Reduction in the ownership of government by selling of the entire company or few shares is called as disinvestment

Devaluation means the reduction in the official value of a currency in relation to other currencies by the government

Depreciation means the reduction in the official value of a currency in relation to other currencies due to market forces of demand and supply