Match List-I with List-II. List-I

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Target Exam

CUET

Subject

Economics

Chapter

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

Question:

Match List-I with List-II.

List-I		List-II
(Policy tools)		(Characteristics)
(A)	Disinvestment	(I)	Hiring of regular services from External source
(B)	Out sourcing	(II)	Integration of the economy of the country with the world economy
(C)	Globalisation	(III)	To administer all multilateral trade agreements
(D)	GATT	(IV)	Privatization of the public enterprises by selling off part of public equity sector

Choose the correct answer from the options given below :

Options:

(A)-(I), (B)-(III), (C)_(II), (D)-(IV)

(A)-(IV), (B)-(III), (C)-(I), (D)-(II)

(A)-(IV), (B)-(I), (C)-(II), (D)-(III)

(A)-(IV), (B)-(I), (C)-(III), (D)-(II)

Correct Answer:

(A)-(IV), (B)-(I), (C)-(II), (D)-(III)

Explanation:

The correct answer is option (3) : (A)-(IV), (B)-(I), (C)-(II), (D)-(III)

(A) Disinvestment involves the privatization of public enterprises by selling off part of the public equity sector.

(B) Outsourcing typically involves hiring regular services from external sources.

(D) GATT (General Agreement on Tariffs and Trade) was establishment to administer all multilateral trade agreements.