Which of the following is not an impact of government policy changes on business and industry?

Budgetary Support to the public sector

The correct answer is option 3- Budgetary Support to the public sector.

Budgetary Support to the public sector is not an impact of government policy changes on business and industry.

Impact of Government policy changes on business and industry: The government policy of liberalisation, privatisation and globalisation has made a definite impact on the working of enterprises in business and industry in terms of
(a) increasing competition
(b) more demanding customers
(c) rapidly changing technological environment
(d) necessity for change
(e) need for developing human resource
(f) market orientation
(g) loss of budgetary support to the public sector.