Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

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

Question:

This policy refers to allowing large-scale industries to produce goods and services which were produced only by the smallscale industries. This policy is called as_______________.

Options:

Deregulation

Disinvestment

Dereservation

Affirmative Action

Correct Answer:

Dereservation

Explanation:

Dereservation : Allowing an individual or group of enterprises to produce goods and services which were hitherto produced by a particular individual or group of enterprises. In India, it refers to allowing large-scale industries to produce goods and services which were produced only by the smallscale industries.